) ETF application. According to Peck, the company planned to “engage more productively” with the SEC without a lawsuit, but tackling some of the regulator’s reasons for turning down spot Bitcoin ETF applications could take time.
“We’re all kind of watching this and seeing what’s going to happen,” said Peck. “The reasons that [the SEC has] given have really been around potential for market manipulation — that Bitcoin trading does not happen on regulated venues [...] There’s been some questions in the past of custody, the ability of qualified custodians, whether banks or otherwise to be able to custody crypto assets on behalf of a registered firm like this.
Peck said that the firm would continue to engage with U.S. regulators over an ETF offering. WisdomTree
WisdomTreeETFs It's difficult, but I believe that nothing is impossible.
WisdomTreeETFs I think biggest crypto market manipulations are allowing to short and long price of every cryptocurrency. Without that with only real trading ,spot trading we would have better stable price and less manipulations! imt imov
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