09 August 2018 · 0 min read
Does Bitcoin Need an ETF to Make a Comeback?
Is an ETF bitcoin's last hope? Dan Morehead, CEO of Pantera Capital, a crypto investment firm, weighs in. "The ETF rejection is the same story we've had for five years," Morehead said. "The SEC has been very cautious with an ETF." According to him, "The main thing to remember is that bitcoin is very early-stage venture, but has real-time price feed — and that's a unique thing. People get excited about the price and overreact." Watch the whole segment with CNBC's Scott Wapner and the Fast Money traders, Pete Najarian, Tim Seymour, Karen Finerman and Guy Adami.