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The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/news/crypto-news-secs-bitcoin-etf-decision-could-encounter-delays-warns-alex-kruger/">Crypto News: SEC’s Bitcoin ETF Decision Could Encounter Delays, Warns Alex Kruger</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
Crypto enthusiasts are eagerly waiting for the decisions by the U.S. Securities and Exchange Commission (SEC), regarding the fate of Ark Invest’s Bitcoin Exchange-Traded Fund (ETF). 
<h2 id="alex-krugers-perspective-on-pending-secs-bitcoin-etf-decision" data-name="alex-krugers-perspective-on-pending-secs-bitcoin-etf-decision" class="wp-block-heading">Alex Kruger’s Perspective on Pending SEC’s Bitcoin ETF Decision</h2> 
One of the renowned crypto traders &amp; economists Alex Kruger took to Twitter to share <a href="https://twitter.com/krugermacro/status/1689856589627559936?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1689856589627559936%7Ctwgr%5E3b0d17f09c8d5eaec8c4c9ef63e55902e159a91d%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fu.today%2Farks-bitcoin-etf-to-get-sec-response-today-possible-delay-likely-priced-in-alex-kruger" rel="noopener noreferrer nofollow">his insights</a> on the potential outcome of a significant event in the crypto world. His focus? The awaited decision from the U.S. Securities and Exchange Commission, or SEC, regarding the Bitcoin Exchange-Traded Fund, or ETF, proposed by Ark Invest. 
According to Kruger, the potential delay might have already been factored into the minds of market participants. He suggests that regardless of the SEC’s eventual response—approval, denial, or a request for additional time—the market could be prepared for such an outcome. 
These words come from analyst Alex Kruger, who’s been closely monitoring the developments around a significant event in the crypto space. 
<h2 id="bitcoins-prices-set-to-rise-strongly-showing-unstoppable-momentum" data-name="bitcoins-prices-set-to-rise-strongly-showing-unstoppable-momentum" class="wp-block-heading">Bitcoin’s Prices Set to Rise Strongly, Showing Unstoppable Momentum</h2> 
Since this application, was submitted back in May, though the decision is expected by 13 Aug, due to the date falling on a Sunday, the regulatory body is expected to <a href="https://twitter.com/JSeyff/status/1689649670522589184?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1689856589627559936%7Ctwgr%5E3b0d17f09c8d5eaec8c4c9ef63e55902e159a91d%7Ctwcon%5Es3_&amp;ref_url=https%3A%2F%2Fu.today%2Farks-bitcoin-etf-to-get-sec-response-today-possible-delay-likely-priced-in-alex-kruger" rel="noopener noreferrer nofollow">announce its verdict</a> today, August 11. 
Alex Kruger’s recent statement is causing a stir. He believes that regardless of the SEC’s response—approval, rejection, or a request for more time—it won’t significantly impact Bitcoin’s price trajectory. 
Over the past years, the SEC has granted approval for multiple Bitcoin futures ETFs. However, its stance against Bitcoin spot exchange-traded funds has been unwavering. Even after rejecting Grayscale’s bid to transform its Bitcoin fund into an ETF, the company pursued legal action against the regulator, seeking resolution through legal channels. 
Cathie Wood pictured a scenario where the SEC could potentially greenlight several Bitcoin spot ETFs in parallel. 
Well it’s important to note that Kruger’s perspective has added a layer of complexity to the ongoing conversation about the influence of regulatory decisions on the digital currency mark

Crypto News: SEC’s Bitcoin ETF Decision Could Encounter Delays, Warns Alex Kruger

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