thingtank on Nostr: The SEC needs an SSA in order to approve an ETF. This could mean that they will get ...
The SEC needs an SSA in order to approve an ETF.
This could mean that they will get access to every past and future transaction on the unspecified exchange (likely Coinbase).
Is it worth it to hand over all of that data to the USG just for an ETF?
Right now, the USG data is limited. The USG can issue a warrant for specific transactions or users. A few years ago, they had a large warrant for ~13,000 users who traded over $20,000. Now, they will get everything from the exchange.
This could mean that they will get access to every past and future transaction on the unspecified exchange (likely Coinbase).
Is it worth it to hand over all of that data to the USG just for an ETF?
Right now, the USG data is limited. The USG can issue a warrant for specific transactions or users. A few years ago, they had a large warrant for ~13,000 users who traded over $20,000. Now, they will get everything from the exchange.