CFRA Senior Research Director: Bitcoin ETF will not appear in the short term

According to CNBC, Todd Rosenbluth, senior research director at CFRA, commented on Bitcoin ETF related issues: "Regulatory concerns are not about ETF products. From a fraud perspective, the Securities and Exchange Commission is concerned about the underlying assets (bitcoin). I think short-term Bitcoin ETFs don't appear inside, because asset management companies like Bitwise can't refute negative news."