Arthur Hayes: ETF for the cryptocurrency will be sent the Bitcoin price into the stratosphere
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Despite the claims of the Winklevoss brothers, cryptocommunist is still pending the establishment of the first cryptocurrency ETF. In a recent interview, BitMEX CEO Arthur Hayes told what value to new industries has stock cription. About it writes .
theWhen it begins to grow
Hayes did not miss the opportunity to boast of his new accomplishments of the exchange. We will remind, recently the daily volume BitMEX bitcoin over one million.
The question about the probability of approval of the first cryptocurrency ETF Hayes answered very briefly.
I don't know.
CEO of BitMEX believes that the probability of the approval of such Fund in 2018 is equal to 50 percent. However, in the end SEC will give up under pressure from big investors. If the demand for ETF will be really big, the SEC .
But final approval of the exchange triptofana exactly lead to very positive movements in the stock market.
Investors want to make a profit, but are afraid of risks. They don't want to be responsible for your bitcoins. ETF will provide an opportunity to earn bitcoin without fear of losing the asset. While the major players of the market will be much simpler to take part in this process.
At the end of the interview, Hayes once again proved his a new high for Bitcoin. BitMEX CEO is confident that ETF will start the price of the main cryptocurrency in the stratosphere.
Until that happens, while away our time .
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