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Jay Clayton - Why is there no BTC ETF yet?

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LCIMUN2018_SEC_logo.png

Jay Clayton

Chairman of the US Securities and Exchange Commission

Economic Club of New York

9 October 2019

 

According to Jay Clayton, what are the problems for a BTC ETF?

- Holding, there was a lot of progress in the custody area, he does not see any issue with that.

- Trading, since it is a highly manipulated market, not like the Equity market, it troubles him that there is no protection for the traders.

 

 

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