Part 10/14:
However, the market isn’t without controversy or skepticism. Regulatory hurdles remain, especially considering the SEC’s initial resistance. The legal avenues employed to approve the ETF—such as court decisions compelling the SEC to act—highlight how interconnected regulatory pressures and market realities are.
Regulatory and Political Landscape
The U.S. Securities and Exchange Commission (SEC) historically resisted approving a Bitcoin spot ETF, citing concerns over market manipulation and oversight. Yet, recent court rulings appear to have forced regulatory agencies’ hand—essentially making the approval process more about legality than risk assessment.