๐จBIG NEWS๐จ
The SEC IS going to approve #BitcoinETF by Nov 17๐ฑ
Hereโs Why๐๐งต
๐จProspects for Bitcoin ETFs๐จ
โก๏ธ According to Bloomberg ETF analysts James Seyffart and Eric Balchunas,
โก๏ธ Thereโs an eight day window between Nov. 9 and Nov. 17 where all 12 spot Bitcoin ETF filings could be approved by the SEC
๐จLIST OF COMPANNIES APPLIED
๐#BlackRock ~ $9 Trillion
๐#Fidelity ~ $4.5 Trillion
๐#Invesco ~$1.5 Trillion
๐WISDOMTREE~ $94 Billion
๐#Vanck ~ $78 Billion
๐#GLOBAL ~ $45 Billion
๐#PARKINVEST ~$14 Billion
๐#VALKYRIE bitwise ~$51 Billion
๐#Biteise ~ $1 Billion
๐จSEC's Deadline Extension๐จ
โก๏ธThe SEC extended the deadline for several pending spot Bitcoin ETF filings, setting Nov. 8 as the last day for comments.
โก๏ธ This brief window of opportunity means a potential green light.
๐จAnalysts' Forecasts and Investor Hype๐จ
โก๏ธ Delays were recently issued for BlackRock, Bitwise, VanEck, and others simultaneously, adding an extra layer of suspense.
โก๏ธ However, the analysts foresee a 90% chance of approval before Jan. 10 next year.
๐จBlackRock's Potential Impact๐จ
โก๏ธ Investors are particularly hyped About the possibility of BlackRock's approval, it could bring $200 billion to bitcoin and send the BTC price to $330,000.
โก๏ธ The imminent decisions could mark a significant turning point for #Bitcoin and the broader digital asset landscape.
Due to this News, the price of Bitcoin went from $35,000 to $36,863โ
โก๏ธ With the potential for nine out of the twelve applications to receive a decision before Jan. 10, there's a palpable sense of anticipation within the crypto community
The SEC IS going to approve #BitcoinETF by Nov 17๐ฑ
Hereโs Why๐๐งต
๐จProspects for Bitcoin ETFs๐จ
โก๏ธ According to Bloomberg ETF analysts James Seyffart and Eric Balchunas,
โก๏ธ Thereโs an eight day window between Nov. 9 and Nov. 17 where all 12 spot Bitcoin ETF filings could be approved by the SEC
๐จLIST OF COMPANNIES APPLIED
๐#BlackRock ~ $9 Trillion
๐#Fidelity ~ $4.5 Trillion
๐#Invesco ~$1.5 Trillion
๐WISDOMTREE~ $94 Billion
๐#Vanck ~ $78 Billion
๐#GLOBAL ~ $45 Billion
๐#PARKINVEST ~$14 Billion
๐#VALKYRIE bitwise ~$51 Billion
๐#Biteise ~ $1 Billion
๐จSEC's Deadline Extension๐จ
โก๏ธThe SEC extended the deadline for several pending spot Bitcoin ETF filings, setting Nov. 8 as the last day for comments.
โก๏ธ This brief window of opportunity means a potential green light.
๐จAnalysts' Forecasts and Investor Hype๐จ
โก๏ธ Delays were recently issued for BlackRock, Bitwise, VanEck, and others simultaneously, adding an extra layer of suspense.
โก๏ธ However, the analysts foresee a 90% chance of approval before Jan. 10 next year.
๐จBlackRock's Potential Impact๐จ
โก๏ธ Investors are particularly hyped About the possibility of BlackRock's approval, it could bring $200 billion to bitcoin and send the BTC price to $330,000.
โก๏ธ The imminent decisions could mark a significant turning point for #Bitcoin and the broader digital asset landscape.
Due to this News, the price of Bitcoin went from $35,000 to $36,863โ
โก๏ธ With the potential for nine out of the twelve applications to receive a decision before Jan. 10, there's a palpable sense of anticipation within the crypto community