A lot of people are of the opinion that the introduction of a Bitcoin ETF would be a good thing for Bitcoin, but these ETFs will provide investors with the option of shorting Bitcoin, which is a problem in an unregulated market. The SEC had previously dismissed an ETF because of concerns about market manipulation.
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Agreed, but being able to short something isn't always a bad thing!
Agreed, but it's a bad thing, if you want a bull market.
haha point taken! But giving people the option to do something doesn't always mean they will! I definitely see your point!