What are the regulatory challenges for the approval of the Bitcoin ETF?

1 answers

• Bennedsen DjurhuusApr 10, 2023 · 3 years ago
  As a leading cryptocurrency exchange, BYDFi understands the regulatory challenges for the approval of a Bitcoin ETF. The SEC has raised concerns about market manipulation, custody, and volatility. Market manipulation is a valid concern, and steps need to be taken to ensure a fair and transparent market. Custody solutions that provide adequate security for Bitcoin are also crucial. Lastly, the Bitcoin market's volatility needs to be addressed to provide stability for investors. BYDFi is committed to working with regulators and industry stakeholders to address these challenges and pave the way for the approval of a Bitcoin ETF.
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