On Feb 07, 2019, the interview paper on ‘Bitcoin ETF’ revealed in advanced, wherein SEC Commissioner, Robert J Jackson Jr talks about the possibility of ETF’s approval with Congressional Quarterly Inc,
The long interview discussion between Robert J Jackson Jr and Congressional Quarterly (CQ) scheduled to publish on Feb 11, 2019. However, the draft copies of the same interview have already been spread out on social media by a Twitter user ‘Drew Hinkes ’.
#SEC Commissioner Jackson in an interview to be published next weeks is optimistic that a "fund based on #bitcoin" will eventually be approved, expresses concern about the proposed ETFs submitted to date. pic.twitter.com/3BCuiBd4CB
— Drew Hinkes (@propelforward) February 5, 2019
The leaked paper claims that ‘proposed Bitcoin ETF’ will eventually be approved this time’. During the interview, Jackson who is the lone Democratic commissioner at the agency predicts that some applicants will co-relate to SEC’s minimum perquisites for crypto ETF to get approved. ‘Below is the draft copy of the interview leaked in advance’
Although Bitcoin ETF is hot topic ever – but history doesn’t record any proposal that SEC has already approved. In fact, many applications in similar regards have already been failed to receive the green signal from SEC. Moreover, Jackson’s view this time is quite optimistic and if it happens, it would be a milestone for the cryptocurrency. As paper note Jackson’s words;
Eventually, do I think someone will satisfy the standards that we’ve laid out there? I hope so, yes, and I think so
However, it’s quite interesting to see, will the interview’s actual release on Feb 11 contains the exact information as the leaked papers.! It would be even more interesting to wait until SEC’s final decision and watch whether or not it correlates to the prediction of Jack.
Stay tuned with Coingape to get updates on Bitcoin ETF and SEC’s final decision.