The SEC's "Art of Delay": ETF Applications Turned into a Marathon Script
When it comes to procrastination, crypto players understand it in an instant. But the SEC has turned the ETF approval process into an art form: with repeated delays, it's like a director stretching out a series, one season after another, and the audience is truly getting addicted. Multiple crypto ETF applications were originally a hardcore topic in the financial market. However, the SEC has turned it into a suspense drama, always giving the answer of "let's see in a few months". Investors are left in suspense, which makes them even more engaged. The logic is actually very "bureaucratic": the SEC needs time to assess market stability, regulatory frameworks, and institutional preparedness. In other words, it wants to enjoy the traffic while avoiding responsibility. The best way to achieve that is to continue to delay. Interestingly, this set of "delayed art" has formed a new speculative logic in the crypto circle. Once the announcement is delayed, both the bulls and bears immediately start to imagine the storyline, causing fluctuations in the market. The SEC plays the role of a director, while investors happily take on the roles of both audience and actors. The last sentence summary: The SEC did not reject it; it just extended the ETF story, allowing the entire market to build up excitement in anticipation.
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The SEC's "Art of Delay": ETF Applications Turned into a Marathon Script
When it comes to procrastination, crypto players understand it in an instant. But the SEC has turned the ETF approval process into an art form: with repeated delays, it's like a director stretching out a series, one season after another, and the audience is truly getting addicted.
Multiple crypto ETF applications were originally a hardcore topic in the financial market. However, the SEC has turned it into a suspense drama, always giving the answer of "let's see in a few months". Investors are left in suspense, which makes them even more engaged.
The logic is actually very "bureaucratic": the SEC needs time to assess market stability, regulatory frameworks, and institutional preparedness. In other words, it wants to enjoy the traffic while avoiding responsibility. The best way to achieve that is to continue to delay.
Interestingly, this set of "delayed art" has formed a new speculative logic in the crypto circle. Once the announcement is delayed, both the bulls and bears immediately start to imagine the storyline, causing fluctuations in the market. The SEC plays the role of a director, while investors happily take on the roles of both audience and actors.
The last sentence summary: The SEC did not reject it; it just extended the ETF story, allowing the entire market to build up excitement in anticipation.