This new 30-page report published by the Chamber of Digital Commerce - which Solidus helped write - sheds light into the crypto industry’s effort to enable a U.S Bitcoin spot ETF, and the regulatory, market integrity and political challenges that have so far led the SEC to reject all of the applications.
The industry discourse surrounding a crypto ETF often focuses on headlines and prophecies instead of the real challenge at hand: Demonstrating market integrity and battling market manipulation in the unprecedented decentralized and borderless market structure introduced by crypto. The Chamber’s report injects substance into the conversation and provides important data points on the efforts history.
The Crypto Conundrum
Why the SEC won't approve a Bitcoin ETF
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