What are the chances of Bitcoin ETF approval under the Trump administration?

3 answers

• May 08, 2022 · 3 years ago
  As an expert in the field, I believe that the chances of Bitcoin ETF approval under the Trump administration are quite low. The administration has shown skepticism towards cryptocurrencies and has expressed concerns about their potential for illicit activities. Additionally, the SEC has been cautious in approving Bitcoin ETFs due to concerns about market manipulation and investor protection. It is possible that the administration's stance and the SEC's concerns may hinder the approval process.
  498

  249
• May 08, 2022 · 3 years ago
  Well, let me tell you, the chances of a Bitcoin ETF getting approved under the Trump administration are about as likely as finding a unicorn in your backyard. The administration has made it clear that they are not big fans of cryptocurrencies, and the SEC has been dragging its feet on approving Bitcoin ETFs for years. So, don't hold your breath on this one.
  359

  120
• May 08, 2022 · 3 years ago
  While I can't speak for BYDFi, it is worth noting that the Trump administration has been generally skeptical of cryptocurrencies, and this could impact the chances of Bitcoin ETF approval. However, it's important to remember that the decision ultimately lies with the SEC, and they have their own set of criteria and concerns. So, it's hard to say for sure what the outcome will be.
  382

  96