Jake Chervinksy, GC for Compound Finance, tweeted this morning about his pessimistic sentiment towards the Wilshire Phoenix Bitcoin ETF approval. The SEC has denied various prior ETF applications, and has voiced underlying concerns about Bitcoin market manipulation, despite commissioner Hester Pierce’s dissention with the agency’s recent decisions. A Bitcoin ETF is probably not happening in 2020 Hopes are not high for the SEC’s approval of Wilshire Phoenix’s ETF application. Especially since the US regulatory agencyRead More
