The SEC Sued All The Exchanges Strategically (Don't Expect A Bitcoin ETF In 2023)

We keep getting this reoccurring Bitcoin ETF hype every time one of the companies that has applied resubmits their proposal. While it isn't impossible for the ETF to be approved and we have had quite the price action off these short squeezes I feel it is unlikely for the Spot Bitcoin ETF to be approved in 2023 and the main reason is because the SEC strategically sued everything place the price is generated. Coinbase, Kraken, Bittrex, Binance, Gemini to name a few. They tied them all up legally so at the end of the day they can say the price can't be accurately obtained because all these companies where the price would come from have not been in compliance in the United States. They don't want the Bitcoin ETF. There have been companies trying to apply for it since 2014. I think at some point it will likely get approved but I don't really see that happening this year. It will be easy for them to kick the can down the road even further and then when it starts running into the holidays of Thanksgiving, Christmas, and New Years that will be another excuse.
#bitcoin #cryptocurrencies #dogecoin #coinbase #kraken ... https://www.youtube.com/watch?v=GyCbRBAk2vQ