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25 January 2021

"Shark Tank" Judge Kevin O'Leary Is Concerned About BTC's Price Swings | Live Bitcoin News

"Shark Tank" Judge Kevin O'Leary Is Concerned About BTC's Price Swings | Live Bitcoin News


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He says that the only way he would ever invest more money into bitcoin is if a crypto-based exchange-traded fund (ETF) was somehow approved by the Securities and Exchange Commission (SEC).

He also says that he would need to see more clarified regulation surrounding bitcoin come about in the future.

If tomorrow morning we woke up and the SEC said you can create an ETF with bitcoin, and we think bitcoin is a legitimate payment system and storage of wealth, not only would it go up, but you’d have a lot of people like me investing in it because I’d say, ‘Ok, I’ll give it a five percent weighting.’

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