Part 9/13:
Recent court rulings, however, now recognize that approving Bitcoin ETFs isn’t inherently illegal. Yet, some lawmakers continue to spread misinformation—such as claiming SEC rejections are lawful when courts have overturned those decisions—highlighting a persistent disconnect and potential politicization of the future of crypto.
Media Narratives and Misinformation
The role of media in shaping investor perceptions cannot be overstated. Major outlets, including CNBC, have historically favored pessimistic or alarmist headlines, often amplifying fear and uncertainty. The coverage of events like the Gamestop saga in earlier years was riddled with inaccuracies and sensationalism, often leaning toward narratives that serve Wall Street interests rather than the truth.