The ETF became one of Wall Street’s most powerful distribution tools because it turned market exposure into an easy-to-use and easy-to-understand retail product. Investors could buy an index, a basket of bonds, a commodity thesis, or a tightly packaged theme from the same account they use for bl...
Source: [CryptoSlate](https://cryptoslate.com/crypto-won-the-etf-fight-but-now-the-sec-is-questioning-if-things-have-gone-too-far/)