We detail this in the report itself, and our best guess and our conclusion is that this has little to do with the industry not being able to meet the SEC standards to bring an ETF to market, but it has a lot more to do with a larger political agenda. Chairman Gensler has a very aggressive agenda and is looking toand authority throughout the digital asset ecosystem, and he has laid this out in congressional testimony.
The U.S. Securities and Exchange Commission has denied 16 different bitcoin ETF applications likely due to a"larger political agenda," Chamber of Digital Commerce founder and CEO Perianne Boring said on"Mornings with Maria" Monday, September 12, 20 So we detail that in the crypto conundrum. And the reason why it's such a conundrum is really going back to those protections for the retail investors. They've accomplished the exact opposite of their mission, and they're discriminating against issuers that operate in this new and innovative environment. It's time for a spot,
—the SEC is worthless to retail investors! The only way to fix it is dismantling the entire thing and starting over. There’s no saving it; it’s too far corrupted and owned by predatory HedgeFunds & MarketMakers
▪️SEC ▪️2d Gentleman ▪️Chief of Staff ▪️Treasury ▪️State Dept ▪️Justice Dept ▪️DHS ▪️CDC
Another “unbiased” agency. 🤷♂️
SEC is also denying applications for Ponzi scheme ETFs and Lottery tickets ETFs. Crypto is a scam.
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