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A bitcoin ETF won't be approved in the U.S. this year, most 2020 Outlook survey respondents say

From theblockcrypto.com

A significant majority of those who took part in The Block 2020 Outlook Survey don't believe U.S. regulators will approve a bitcoin exchange-traded fund (ETF) this year. Of the 106 survey participants – drawn from the worlds of venture capital investing, financial services, and segments of the digital asset ecosystem – 82 respondents or 77.4% said "no" when asked: "does a bitcoin ETF pass in the US in 2020?" Twenty-four responders, or 22.6 percent of the survey pool, said yes. As elucidated in recent research and reporting from The Block, the barriers to any approval from the U.S. Securities and Exchange Commission ... (full story)

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  • Category: Fundamental Analysis