everyone thinks canary filing an amended s-1 for a pepe etf means we're about to print but actually this is the exact setup that wrecks bags.
you dump $USDT, chase the $PEPE wick on the headline, then sit through weeks of any day now while the chart bleeds. been there too many times ser.
canary capital just amended their s-1. that's not approval. that's not even a timeline. ngl the sec halted crypto etf reviews amid a funding lapse so those papers are sitting in a pile. look at the zcash etf already posting its first weekly outflow. meme coin etfs aren't bitcoin. $BTC had years of institutional demand built up before the spot product even launched. a frog etf is a completely different animal and inflows if they even happen could be a fraction of what this market is pricing in. the buy the rumor crowd already did their thing and greed sitting at 68 is when people stop reading filings and just ape.
this amended s-1 is a case study in how etf headlines get recycled into exit liquidity while you're still waiting for the sec to even open the envelope.
where do you think this actually goes if reviews aren't even happening right now?
#CanaryFilesAmendedS1ForPEPEETF #SECHaltsCryptoETFReviewsAmidFundingLapse #ZcashETFPostsFirstWeeklyOutflow
you dump $USDT, chase the $PEPE wick on the headline, then sit through weeks of any day now while the chart bleeds. been there too many times ser.
canary capital just amended their s-1. that's not approval. that's not even a timeline. ngl the sec halted crypto etf reviews amid a funding lapse so those papers are sitting in a pile. look at the zcash etf already posting its first weekly outflow. meme coin etfs aren't bitcoin. $BTC had years of institutional demand built up before the spot product even launched. a frog etf is a completely different animal and inflows if they even happen could be a fraction of what this market is pricing in. the buy the rumor crowd already did their thing and greed sitting at 68 is when people stop reading filings and just ape.
this amended s-1 is a case study in how etf headlines get recycled into exit liquidity while you're still waiting for the sec to even open the envelope.
where do you think this actually goes if reviews aren't even happening right now?
#CanaryFilesAmendedS1ForPEPEETF #SECHaltsCryptoETFReviewsAmidFundingLapse #ZcashETFPostsFirstWeeklyOutflow
