😂The most ridiculous thing in the world? It was said earlier that no information would be disclosed, but later it was said that it would be through ETF? I'm numb
100X community news:
Former SEC Internet Enforcement Director: In my opinion, the SEC will approve a Bitcoin spot ETF
On January 9, John Reed Stark, the former Internet Enforcement Director of the U.S. Securities and Exchange Commission (SEC), posted on social media that I have worked in the U.S. Securities and Exchange Commission (SEC) Enforcement Division for nearly 20 years (11 of which were as Director of the Internet Enforcement Office). ), I can honestly say that I have never revealed facts about any SEC proceeding, nor has anyone I know.
Therefore, all speculation and theories about what happened within the SEC are likely to be based on interpretations by applicants' attorneys, which may be completely wrong or may be biased, calculated, manipulative, and strategic.
Based on previous posts from Chairman Gary Gensler (sounding a lot like SEC Investor Alerts covering small-cap stocks, penny stocks, options, high-yield investment plans, etc.), it seems to me that the Commission has capitulated and will approve (Bitcoin Spot ETF) — and just let things take their course.