Why You Shouldn’t Expect an Expedited Decision on a Spot ETF from the SEC
When it comes to making decisions on a spot ETF, the SEC is known for being methodical and cautious. According to Lory Kehoe, it’s highly unlikely that they will deviate from this approach anytime soon. So, if you’re hoping for an expedited decision, you may want to think again.
Lory Kehoe, an industry expert, firmly believes that the SEC will “stick to its guns” and continue with its careful evaluation process. This means that they won’t be rushed into making any hasty decisions.
If you’re curious about the reasons behind the SEC’s cautious stance, it’s important to understand that they have a responsibility to protect investors and maintain market integrity. This requires a thorough examination of all potential risks and benefits associated with a spot ETF.
Hot Take: Don’t Hold Your Breath for a Quick Spot ETF Approval
Considering the SEC’s track record and Lory Kehoe’s insights, it’s safe to say that an expedited decision on a spot ETF is unlikely. While this may disappoint some eager investors, it’s crucial to remember that the SEC’s primary goal is to ensure a stable and secure market environment. So, be patient and trust in their careful evaluation process.
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