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ijhuygft776
Its the least they can do after making crypto into securities
fancyfredbot
Ironically bitcoin is pretty much the only kind of crypto which isn't a security.
ijhuygft776
most cryptos are just like Bitcoin.... not sure what you mean
fancyfredbot
Satoshi's dream of a decentralised ledger finally reaches its ultimate form of a centralised list maintained by the DTC. Rejoice!
isubkhankulov
Irony/sarcasm aside, people buying crypto ETFs from their existing brokerage and retirement accounts would push the price up and in turn make the decentralized network more secure.
washedup
This comment shows a lot of ignorance. An ETF is just a "wrapper" for an Underlying Asset. Bitcoin is still decentralized as ever, and will continue to be. This approval just makes it easier for larger financial institutes to access it without having to worry about becoming a custodian, and will likely drive the price up a bit over the next many years.

Bigger picture, the USA has just given Bitcoin the greenlight, and this will have big fiscal and geopolitical implications in 10-20 years.

EE84M3i
So, this was announced on Twitter by a hacker, denounced by the head of the SEC, then by the official Twitter account.

Then on the _same day_ they published a press release on their site actually approving them, then deleted it, then republished it?

What a mess.

washedup
Doesn't matter, it's done now. If anything it just shows SEC ineffectiveness. They will continue to exist however.