Nick Szabo: Bitcoin ETF ‘Might Cause More Problems Than It’s Worth’

Nick Szabo says he is “not lobbying” for a Bitcoin exchange-traded fund (ETF) in fresh criticism of the phenomenon which many commentators claim would significantly boost prices. ‘Not Lobbying’ In a series of tweets August 12, the veteran cryptographer appeared risk-averse about an ETF gaining regulatory approval. “I for one am not lobbying for an ETF or for Wall Street-managed money in general. It might cause more problems than it’s worth,” he wrote. The recent … Continue reading Nick Szabo: Bitcoin ETF ‘Might Cause More Problems Than It’s Worth’