SEC regulations don't require apot etf's to disclose transactions with cold wallets or open market opening the door for manipulation of btc price

source: https://www.sec.gov/news/statement/uyeda-statement-spot-bitcoin-011023 The SEC's approval documents and statements don't provide detailed regulations regarding the obligation of spot Bitcoin ETFs to report whether their trades are made from cold storage or the open market. Typically, ETFs are required to disclose their holdings and provide financial reports, but these disclosures might not extend to the granularity of specifying the source or location of each transaction.

This is alarming to me if your regulations are aimed at preventing minipulation of price action.