Barhydt: ‘SEC will approve Bitcoin-ETF next year’
In the interview for the CNBC, Abra’s head Bill Barhydt defined the reasons why the U.S. SEC has not approved Bitcoin-ETF yet. He claims that the fund originators “do not meet expectations” of the agency.
“I think that the problem with the SEC is that the fund originators do not create the image that the Commission is used to see. I worked at Goldman Sachs earlier, but you are unlikely to get that judging by my clothes. So I would not come to the meeting with the SEC wearing the same clothes to demand the launch of Bitcoin-ETF,” Barhydt says.