Scholars in the world of finance, and in this case, cryptocurrencies, know very well the risks that exist in this business, it is good that the CBOE has established insurance for the investment fund, that way investors will be protected. any kind of failures and this gives them security.
In conclusion, I think that the SEC has everything necessary to approve the ETF, since the CBOE's filling gives it credibility, and in that way, the Bitcoin will not only reach $ 65,000 but could exceed that figure.
Generate trust in investors is necessary to succeed in the world of finance, and that is achieved through the establishment of attractive rules and regulations for all parties involved in any business.@moneyguruu The rules and regulations for the regulation of this type of exchanges in crypto will always be a concern for those who are immersed in the business, if you can build trust by establishing rules and fair rules for all parties, there will be no problem.
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@tito21 only time will tell if approved or not but this can bring in the spark for bitcoin !
@moneyguruu I would not say a spark, it would be an explosion, in a good way of course!