CNBC’s Brian Kelly: ‘Don’t Sell Crypto After Bitcoin ETF Delay’
Earlier last week, the SEC postponed CBOE’s Bitcoin ETF application decision until late September. On Aug. 7, Brian Kelly went on CNBC’s Fast Money to urge viewers to hold their crypto investments through the delay. BK: “There’s More to This Story Than Just an ETF” The CEO and founder of investment firm BKCM, Brian Kelly, appeared on CNBC’s Fast Money to share his expectations following the SEC’s recent delay of a Bitcoin ETF application. During the show, he said: “If you’re selling today after this decision, it’s the wrong way to do crypto investing. There is more to this story than just an ETF.” Initially scheduled for a decision next week, the SEC delayed the Bitcoin ETF filed by CBOE Global Markets until Sept. 30. Following news of the postponement, Bitcoin prices fell nearly 14 percent within a 24-hour period. The Bitcoin ETF decision was highly anticipated
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