For real? nostr:note19z94vj69gqp2gzsvpt06xzdueugkn9zzrxa5mqxfz74wy0aca79qv6ctes
Discussion
Nah that is a fake rumor, not how it works
What is the real news then?
Nothing, as of yet
Didn’t check yet, though, but also no movement on price
Watch the Greyscale conversion, that is the real trouble for SEC by now
This is the news is not fake!
I just read something similar. So yea, I kinda believe you
And also it comes down to who owns that Gensler ghost, it for sure ain’t the SEC!
Nothing in this is automatic, Greyscale would have to drag it through the courts
Not very well informed nor intelligent writing
But we’ll have to see how the day plays out of course!
Of course it's not automatic approval, but the SEC's options for deferral and disapproval are running out and the pressure on them is mounting. At some point they will have no more useful moves and all ETFs will be approved.
That is for sure! But for today it can go both ways in turns of sentiment
From my understanding today is simply the deadline for SEC to appeal the previous decision.
Should they, it drags on.
Should they not, I believe they would either still need to approve it, but more likely Grayscale would seek the courts decision on approval, or at least seek orders for them to do so.
Basically we just get a feel for how committed they are still to dragging this out.
IMO, fuck the etf.
Most of us morons would still sell to them and be screwed anyway.