Crypto Princess1
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🎙️📯BITCOIN #ETF All 11 issuers of Bitcoin ETFs have filed amendments 19b-4 🪙
🔆This means that the applications are fully ready for SEC approval, and the commission no longer has reasons (at least it seems so now) to deny them.
🔆As I anticipated earlier and as FOX now reports, the commission is currently working to launch all 11 funds at the same time by January 11, which is already next week.
🔆The decision timelines for the applications may vary slightly depending on when they were filed, or the SEC may approve all at once.
👨🏫 The ETF launch could trigger significant market volatility. I've talked about the price movement scenario in this post, so right now I am setting limit orders in case of a plummet. Stay tuned for entry point updates.
🔆This means that the applications are fully ready for SEC approval, and the commission no longer has reasons (at least it seems so now) to deny them.
🔆As I anticipated earlier and as FOX now reports, the commission is currently working to launch all 11 funds at the same time by January 11, which is already next week.
🔆The decision timelines for the applications may vary slightly depending on when they were filed, or the SEC may approve all at once.
👨🏫 The ETF launch could trigger significant market volatility. I've talked about the price movement scenario in this post, so right now I am setting limit orders in case of a plummet. Stay tuned for entry point updates.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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