Who actually thinks the ETFs will be approved by 1/10/24? Feels like they will rug approvals.
Discussion
I hope they get rejected, but I think the most fitting dates would be
1/3/2024
Or
1/9/2024
Rejected would buy plebs more time🤞
I think it doesn’t matter too much either way. Accepted, and one could argue that the suits will be “acquiring” bitcoin from those who already own bitcoin. Not buying more bitcoin. Conversely, rejected and tick-tock, next block. However, it all remains to be seen. If accepted and events follow gold’s spot-ETF launch back in 2003, then we might see BTC prices steadily climb over 7 years or so. Bitcoin is currently viewed as an asset not a currency in the fiat world. The big change will happen when it’s viewed as a global currency and that is likely a generation or two in the future.
180 00 sats, before midnight EST ending of January 31, 1:1 odds?
Lol I’m not much of a gambler. I’ll have to respectfully decline.
Looks as though it’s happening. A bunch of applicants submitted updates to their filings. Would be pointless unless SEC is approving but wouldn’t be beyond Gensler to do that after requesting they do.
Yep, that’s what I would do. Reject the ETFs to scoop cheap sats. Approve them a few weeks later.