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The U.S. Securities and Exchange Commission may easily presume the crypto market which is unready of handling a large-scale investment vehicle like Bitcoin ETF. It is actually based on the wild volatility in prices of major cryptocurrencies and the lack of surveillance in small markets.
Jake Chervinsky who is a government enforcement defense & securities litigation attorney at Kobre & Kim, said that while the probability of Bitcoin ETF increases, there exists only 10% chances for…