11/ Welp, the news timing couldn’t be better to illustrate the US government shutdown implications for crypto.
Funny antidote when I tell non-US regulators about the government shutdown they are like literally just like uhhhhh what tf 😨😨😰😰
On CNBC ETF Edge, VanEck CEO Jan Van Eck said due to the shutdown, VanEck wasn't able to continue discussions with the SEC on Bitcoin-related issues like market manipulation, custody, etc.
Ultimately, the shutdown was the reason behind the withdrawal.
Interview about ETF withdraw...
> Questions answered why it was pulled
> Whether shutdown is a factor
> $BTC pulling demand from Gold, data showing that's been reversed for 2019
> What issues are still there in convincing regulators