Speculation about the Winklevoss twins’ Bitcoin ETF possible regulatory approval continues. On March 11, the US Securities and Exchange Commission should come to its “yes” or “no” verdict after almost four years of waiting.
It may happen by the time two of the world’s top Bitcoin exchanges that are based in China – Huobi and OKCoin – would have resumed their full withdrawal services.
Most commentators are certain that the first Bitcoin exchange traded fund or ETF is not likely to be approved. However, commentaries are still divided over the issue and none of the stakeholders rule out the approval completely. The consequences of a positive decision could be huge.
So if it happens, what would the ETF mean to the market?
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