Ibian
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July 25, 2018, 02:30:11 PM

Current price surge for Bitcoin is mainly based on ETF hype.

Alts are not included in a Bitcoin ETF.

But likely if it's a rules change that allows Bitcoin to get ETF approval, other alts will try to get ETF approval.

The SEC then becomes the gatekeeper of which alts rise with Bitcoin.

Which is why we won’t get a Bitcoin ETF.  SEC doesn’t want the headache of a Bcash lol ETF or a Ripple ETF.
They could just decide to only allow bitcoin and nothing else? Gold standard or whatever rationalization they wanna come up with.