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Financial Experts Said the Bitcoin ETF is "Virtually Certain"

Liang CHE

Summary: Ric Edelman, founder of consulting firm Edelman Financial Engines, said in an interview on February 11 that the Bitcoin ETF will definitely be approved. He aid that the Bitcoin ETF is "Virtually Certain" and "when is the only problem is when". The SEC has previously expressed concern about the lack of a secure chain of ...

Ric Edelman, founder of consulting firm Edelman Financial Engines, said in an interview on February 11 that the Bitcoin ETF will definitely be approved. He aid that the Bitcoin ETF is "Virtually Certain" and "when is the only problem is when". The SEC has previously expressed concern about the lack of a secure chain of custody and governance of overseas trading platforms. Edelman said Bitcoin is in the same category as oil and gold, and he said that these are “globally-traded assets beyond the reach of the SEC”.

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