In the end, they have ended up looking foolish, putting so many obstacles and delaying things when we all know it is inevitable. Or perhaps there is some hidden agenda behind it all
I believe that when the approval comes, the journey of the SEC´s president should also come to an end. It lacks credibility, only delaying something that is not delayable
Good point. Do you think that at some point they made it a personal matter? That it got a little bit too personal for Gensler. Like a crusade or something. Been thinking about it like that lately.
I completely agree. There have been many news reports from within the SEC itself saying that there are no reasons not to approve the ETF. I think at this point, Gensler is left alone and has no other way out but to approve it
Yeah, so by prolonging the approval because of some point he needed to prove, he just ended up harming his own reputation. It's actually pretty sad when people can't let go and let things go too far.
Definitely.
In the end, they have ended up looking foolish, putting so many obstacles and delaying things when we all know it is inevitable. Or perhaps there is some hidden agenda behind it all
Yeah, they managed to make quite a show about it too. Approving would perhaps bring back some of the lost credibility
I believe that when the approval comes, the journey of the SEC´s president should also come to an end. It lacks credibility, only delaying something that is not delayable
Good point. Do you think that at some point they made it a personal matter? That it got a little bit too personal for Gensler. Like a crusade or something. Been thinking about it like that lately.
I completely agree. There have been many news reports from within the SEC itself saying that there are no reasons not to approve the ETF. I think at this point, Gensler is left alone and has no other way out but to approve it
Yeah, so by prolonging the approval because of some point he needed to prove, he just ended up harming his own reputation. It's actually pretty sad when people can't let go and let things go too far.