Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Freemind on January 10, 2024, 08:53:27 PM
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It really seems incredible to me how far the SEC's excuses and manipulations can go to prevent the approval of the BTC ETF. This news from Cointelegraph from just an hour ago shows several posts from X (Twitter) where people make fun of the SEC and how little shame it has. They have even gone so far as to say that a post was unauthorized and then say that the account has been hacked. They are wasting their time trying to avoid the inevitable. I leave here the link to the news in case anyone wants to read it and laugh for a while:
Bitcoin futures lose their appeal as investors anticipate spot BTC ETF approval (https://cointelegraph.com/news/bitcoin-futures-lose-their-appeal-as-investors-anticipate-spot-btc-etf-approval)
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This is actually very confusing with the news now, we know from this drama that the SEC twitter account was hacked and trying to convince others that this is not true, but many people are disappointed why this can happen but that is what we know that towards the end of the day there is always bad news .
More news about Bitcoin ETF approval.
As reported by Bitcoin Magazine from CBOE, with its announcement that the Bitcoin spot ETF will be traded tomorrow but this is waiting for SEC approval.
All we know is that the SEC announced it was not true yesterday now there is news again, is this likely to be approved?
I'm still following this news.
[1] https://twitter.com/BitcoinMagazine/status/1745166907165057390
[2] https://bitcoinmagazine.com/markets/spot-bitcoin-etfs-will-begin-trading-tomorrow-cboe
[3] https://twitter.com/ETFhearsay/status/1745157728371159284
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If you want to think deeply, will make you think more and make you laugh. In my opinion as far as I understand the Bitcoin ETF approval is serially a play. It started with this drama in such a way that people now understand it very easily. Whereas the U.S. security and exchange commission has announced that Bitcoin EPF has been approved. Sometime after reading this, Gray Gensler posted that @SECGov had hacked a Twitter account and posted a post endorsing Bitcoin. Here everyone can say and everyone can ask the question that even though the drama of Bitcoin ETF was going on for almost a year, the account was not hacked and whenever the approval day of Bitcoin ETF came and then the account got hacked. It means that if you think deeply, a lot of laughter is created in your mind.
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(https://www.talkimg.com/images/2024/01/10/s8H3c.jpeg)
I just saw this now but don't even know how to confirm it. SEC had put so many in a situation were we can only listen and accept rumors. I hope he doesn't come out to say it was a hack this time.