What are the concerns raised by regulators regarding the Bitcoin ETF 3-1 proposal?

1 answers

• May 06, 2022 · 3 years ago
  Regulators have expressed concerns about the potential impact of a Bitcoin ETF on the overall stability of the financial system. Bitcoin is a relatively new and volatile asset, and regulators are worried that the introduction of an ETF could increase the interconnectedness between the cryptocurrency market and the traditional financial system. If there were a significant downturn in the Bitcoin market, it could have ripple effects throughout the financial system. Regulators are concerned that this increased interconnectedness could pose a systemic risk to the stability of the financial system.
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