Author: Vin Narayanan
Crypto Market Update
As I’m sure many of you have heard, the SEC delayed its decision on the Van Eck bitcoin ETF proposal. The SEC now says it will issue a ruling by September 30 (though it could come earlier). The delay was predictable – so was the market overreaction. It doesn’t worry us. There’s something much bigger at play here – and the market is missing it. Let’s start with why the SEC delayed the Van Eck bitcoin…
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