ETF Drama! CEO’s Shade at Gensler 😱
The SEC, in its infinite wisdom (or perhaps a temporary lapse into common sense), initially suggested – with a politeness that bordered on menace – that Teucrium and others quietly retract their ETF filings. The rationale? A liquidity drought in the futures market. A pathetic spectacle, really. Gilbertie recounts how they, like obedient schoolboys, complied. Though, one suspects, they continued to monitor the situation with the grim fascination of entomologists observing a particularly sluggish beetle. Upon perceiving a slight improvement in liquidity, they dutifully resubmitted. A truly thrilling tale of bureaucratic cat-and-mouse, wouldn’t you agree? 🙄