SEC decides to delay ARK 21Shares Bitcoin ETF to next year:
👉 Sec moves the decision date on ARK 21 Shares Bitcoin ETF to January 10 next year.
👉 The reason is because SEC Chairman Gary Gensler was forced to list a bitcoin spot exchange-traded fund.
👉 Therefore, the SEC also delayed the decision on the upcoming Global X Bitcoin Trust
Most decisions are delayed by the SEC until next year.
‼️ In short, BTC ETF spot is a strong catalyst for the market because currently everything is running out of liquidity and only 1/10 of the amount of Tradfi money poured in will get better.