An ETF for Bitcoin Is Unlikely This Year According to Brian Kelly
ETF is Unlikely: Demand is growing for the establishment of a crypto ETF or exchange-traded fund. Just yesterday major exchange Bitwise joined the fight and filed a proposal to the SEC for an ETF.
But despite the desire for an ETF, Brian Kelly – CEO of BKCM; an independent investment firm specializing in cryptocurrency and blockchain-focused investment opportunities has expressed his opinion that it might not be possible in 2018.
Kelly has suggested that the establishment of the first Bitcoin ETF will be tough to get approved by the U.S. Securities and Exchange Commission (SEC) …
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