Bitcoin ETF Almost Approved, Says Analyst Glen Goodman
In a recent interview, analyst Glen Goodman, author of The Crypto Trader, discussed whether an exchange-traded fund (ETF) position in Bitcoin has been approved, and what could happen if the “unknown factor” Gary Gensler decides to delay it.
The market is eagerly awaiting the decision of the US Securities and Exchange Commission (SEC) on the approval of a Bitcoin ETF.
Speaking to Bloomberg, Goodman argued that almost everyone has accepted the idea that ETFs are inevitable.
“If we realize that the delay from the [SEC] is indefinite and not just 'we just want a few more last things done,' then that could be really bad.”
