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The sec that over watches the banks has no affiliation? Dude take your blinders off, you have no idea what you are talking about. See any usa banks in this list? The asset is controlled mainly by banks mostly from friendly countries. Seriously I want an ETF too, I just don't think it happens yet. My guess would be some more regulation comes out that align exchanges with acting more like banks and govts around the world get a better handle on controlling these things, esp after this last cycle of crashing exchanges etc. ​ I do think that once it happens we see the price jump 350-400% the next 18 months after. So plenty of time to hop in these markets at the same level I exited. ​ The current 14 participants in the fixing are the Bank of China, the Bank of Communications, Coins 'N Things, the Industrial and Commercial Bank of China, INTL FCStone, Jane Street Global Trading, HSBC Bank USA, JPMorgan Chase, Koch Supply and Trading, Marex Financial, Morgan Stanley, Standard Chartered, the Bank of Nova Scotia, and the Toronto-Dominion Bank.\[2\]