🚀Breaking news: BitGo CEO Mike Belshe predicts the SEC will reject the current batch of Bitcoin ETF applications! 😱 But fear not, fellow #crypto enthusiasts, for our optimism remains unshaken! 🌈

Belshe's concerns stem from the integration of exchange and custody services in the industry. The SEC wants a clear separation between these functions to reduce market manipulation risks. But hey, isn't that what we all want? 🤔

Despite the SEC's history of rejecting 20+ Bitcoin ETF applications, we remain hopeful! After all, the recent 45% BTC price rally since BlackRock's spot ETF application in June can't be for nothing, right? 🚀

So, what do you think? Will the SEC approve a Bitcoin ETF soon, or will they continue to rain on our parade? Share your thoughts in the comments below! 🗣️ #cryptocurrency #BitcoinETF #SEC