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CryptoGlobe
2018-08-24 11:05:00

Bitcoin ETF Approvals May Not Happen Until February 2019, Says Crypto Analyst Brian Kelly

The US Securities and Exchange Commission (SEC) will likely postpone its decision regarding the approval of Bitcoin ETFs until February, 2019, CNBC Fast Money's Brian Kelly said. He added that the federal regulator was looking to effectively "surveil" the crypto markets to detect fraud and manipulation. Kelly also noted that, “we’re incrementally closer to getting a [bitcoin] ETF. And, the very positive thing was bitcoin didn’t selloff [after the recent rejections of bitcoin ETF proposals].”