/biz/ - Business & Finance

>>58509381
THE WAIT IS KILLING ME

>>58509381
>>58509384
100% chance of approval. Can't reveal my sources but it's legit.

>>58509395
>>58509384
>>58509381
I can’t reveal my insider source either because my Dad works for Nintendo, but they say approval odds are only 10%

it will dump when approved, right...

>>58509395
>Can't reveal my sources
why because its a dumb source ?

>>58509422
No because institutions will mass buy ETH for their ETFs. When spot btc etfs were approved, BTC was at 38k

It only dumps if it gets rejected.

>>58509381
When will we know?

>>58509384
UPDATE: THE WAIT IS STILL KILLING ME
Also lmao Gary is crying

>>58509844
Tomorrow

>>58509827
his dad works at nintendo

>>58509838
Rejection was already priced in. Approval is getting priced in right now.

>>58510038
Approval being priced in doesn't matter. Once approval happens, it's a giant green flag for ETH. Institutions will buy at mass. Retail will follow. Although expect some sideways action for a bit.

>>58509381
bros will i get dumped on if i load up on more eth now?

>>58510612
I think there'll be a minor sell of post decision. Might be better to buy in a weeks time

>>58510618
how bad will the dump be if its not approved

>>58510626
Unlikely it won't be approved but i see it going to sub 2.5k if that happens

>>58510626
None as literally no-one expects approval any time soon

>>58509381
The higher percent chance is too lure in exit liquidity before they deny the etf

>>58510720
That's why they all bought in, because they don't expect any approval at all. How retarded are you?

Premined illegal security scamcoin. 0% chance.

>>58510787
Literally who has bought in lmao. There's been no trend change whatsoever.

>>58510720
Stock tickers being listed on clearinghouse would suggest otherwise.

>>58509395
honestly this isn't even surprising. in fact iit's obvious. the left is now in full panic mode over their anti crypto stance

>>58509381
what is the time line for approval?

>>58510907
then how come there is a +30%?

>>58511627
Doesn't even come close to pressing the trend

>>58511680
>1 minute chart
based retard

>>58511693
Try 2 years

>>58511702
>doesn't even have the sugma indicator

>>58511721
The sugma what?

>>58511723
SUGMA BALLS

>>58511392
Final deadline for the VanEck ETF is tomorrow, so I imagine the decision would be tomorrow. From what I read they need to approve some other thing as well (basically a formality if they approve tomorrow), so the ETFs would probably go live in a few weeks, rather than 1-2 days as with the Bitcoin ETFs.

>>58511797
good info anon kun, we dine this weekend off ETF approval

>>58510720
I expect it therefor this you are wrong

>expected to make a decision around 4PM EST
I CAN'T WAIT THAT LONG

>>58509381

Ethereum ETF wont get approved.

>>58515379
o, i c

>>58509381
Ethereum ETF will get approved.

>>58515218
Just in time
*ding ding ding*

i thought this was another situation like the btc etf where gary gensler is backed against the wall with a cock up his ass and literally cant deny it?

>>58511772
DAMN GOT EM

>>58511693
that looks like the daily candles for ETH/BTC
regular retard

>>58510618
So you think approval has been priced in already? There's still a lot of uncertainty don't you think?

>>58511772
kek

>>58515670
Just like the BTC approval it was a sell the news event and then about a week later the inflows started pumping the price.
We still don't know if the ETH ETF will have as much demand as the BTC one. This time there will be 2 crypto ETFs so the demand might split and result in a weaker pump.

>>58515690
problem is if the approval is 'priced in' why did we dump into it?

>>58515690
eth etf getting approved is bullish for all alts because it means unregistered securities are too big to regulate

>>58509381
Reminder the SEC will make the official announcement on their website. They don't make any official announcements on social media.
https://www.sec.gov/news/speeches-statements

For the computer nerds who want the most up-to-date info: right click webpage > inspect > network > check 'disable cache" (the page has a cache timeout of 1 minute)

...or just subscribe to the RSS feed https://www.sec.gov/news/speeches-statements.rss

>>58516103
Don't forget about fit21 that just passed some part of government.
t. Non burger.

AAAAAAAAAAAAAAAAAAAA ITS DUMPING ETF DENIED

just short that shit, I give it 15%.chances of passing. The Mumus lied to you to get an exit pump.

>>58509381
OZH YES CARSINO
>UAMAUMAHAWHHHWHWHWHH HIHIEHEI SZHEZWHWEZHWE
GIBE POLAK DOT
WE IS BUY THEN DIPPED
GIBE PEPE GER
COIN THEN
>CLAP
PRICED
>CLAP POLAK DOT IS
>BABPOLAK DOTENA WE MAST BUY U S DOLAL>Hidler Hidler Hidler Hidebayebayebay EBAYler Hidler Hidler Hidler Hr Hidler Hidler Hidler Hidler Hid
baberger where is the popeger POPEGER baberger w popeger POPEGER baberger where is the popeger
THENCAR IS AND CAR DIPPED
EFEE
XRP OH YESFERIEUMS effeeeeebayebayebay EBAY
COINBMETORumeffeeeehrioieaumE POLKE DOT ETF BUY the effeeehruiums we NEED to PERGER where is bebeper
WHER IS PEPERGER gibe pepeberGIBE PEPERGER CAR bebeper
IS PEPERGER gibe pepeberGIBE PEPERGER where>XRP VERY GUDE
XRP OH YES is bebeper
>>58516587
WHER IS PEPERGER gibe pepeberPEPERGER where is bebeper
WHER IS PEPERGER gibe pepeberGIBE PEPERGER wh
COINMETRO
COINBMETOER where is bebeper ETF
>GME DIP GIVE MORE POLKA DOT SOLACER where is bebeper
WHER IS PNA and SOLANER IS BABANER
BUY EFFEHRIUM is BUY EFFEHRIUM is BUY EFFEH
kadena is BABENER
>CAR
HIDLER GOYS HIDLER POLKADOT TM
GME GME
COINMETRO
COINelp i tried>XRP VERY GUDE
XRP OH YES. jannieCASINO CASINO CASINO sebayebayebay EBAY let 1 /SCG/ shitcoin general run, then they started shadowbanning them(making them unbumpable)

but they are tire
goodluck /biz/ bros, they are dead set on killing this board. after being here since the start i won't be returning. this board has precisely zero utility if we can only discuss janny-approved coins
>POLKADOT IS GOOD YES
catch me on twitter and private TG'sOR
>CLAP ebayebayebay EBAY
WE MAST CAR GOY AND XRP AND EBAY
>PROMOTION IS GOOD OH YES GOY
>WITH ETF
> IT IS DIP
WHEREPEPEGER WIUTH DIP POLAKTOR YES
>ANIME PENIS
>>58509422
CASINO CASINO CASINO CASINO CASINO CASINO
DAMP
>ETF GUD?

Who here is 50x long?

When does it get announced?
(Serious answers ONLY)

>>58516809
between 3:30 and 7:30
enjoy no bathroom breaks :)

>>58509395
It's me again now at work during my break. The Grayscale privacy ETF featuring ROSE is also 100% gonna go through. Don't ask how I know.

>>58516823
PM? EST?

Just opened a x100 long and will be swimming in profits within a few hours. Buying me a lambo when it moons tonight.

>>58516837
I assumed est. Its probably est.

>>58516870

Thanks. Gonna short 100x.

>>58516872
Other thread said 4:30 EST deadline, which means any time in the next hour.

>>58516881
its getting approved in an hour buy some now, don't long or short cause it will be hectic and close all positions on both sides before it stabilizes and go up to 5 k

>>58516888
thank me later

>>58516893
>>58516888
Are you GCA? Haven't seen that guy around in ages

>>58516925
I'm vitalik

holy fuck just announce it's denied already so we can get on with our lives.

>>58516972
stfu bobo

>>58516972
Silly bobo. If it gets denied it'll be resubmitted a few weeks later.

1 more minute

>DENIED
DENIED
>DENIED
DENIED

>>58517025
guess it got rejected

https://polymarket.com/event/ethereum-etf-approved-by-may-31/ethereum-etf-approved-by-may-31?tid=1716494732280

"yes" just dumped

>>58516870
>>58516785
>(you)

bloomberg update

Insider here.
I don't know how to get out of this place help me please I need to outsidereeeeee

Seeing a bunch of people claim the decision is delayed for 6 hours.

OFFICIAL DECISION ETF DENIED! SELL! SELL! SELL!

>>58517177
i buy it

>>58517177

Being delayed is usually a bad sign. Most likely it will be rejected. Later down the line, a different eth etf will probably be submitted though.

Worst case scenario, it's delayed a few months until they get the S-1s amended for minor details.

>>58517177
6 hours?! ngl dear my village is falling a part,,,we can not waiting that many hours

For context for people they'd need to have written up an equivalent document for this since monday
https://www.sec.gov/files/rules/sro/nysearca/2024/34-99306.pdf

>>58517196
can't delay 19-4b approval, s1's will probably take a while to get approved though this won't go right on the market like btc did.

>>58517191
They're delaying it cause their tx keeps failing and they need to accumulate more.

>>58517248
Imagining some 70-year-old inside trader trying to personally buy 25,000 ETH during peak gas times has me in stitches.

APPROVED
P
P
R
O
V
E
D

https://www.sec.gov/news/statement/uyeda-statement-spot-bitcoin-011023

If they can delay my financial future I should be able to delay the draft.

>>58517279
nice try

GUYS ITS UP

>>58517319
"investor protection"

>>58517279
nearly had me

Judging by recent announcement times, the SEC never announce anything after 4:30pm, so it looks likely to be denied. But they officially close at 5:30pm. If there is no announcement then it is definitely denied, for now.

>>58517319
kek

>>58517319
you photoshopped the wrong date

Imma wait five more minutes and then I'm going to bed

>>58509381
buy the rumor sell the news

>>58517328
Lower your lip when you talk to me.

buckle up

>>58517324
>nearly had me
>says bitcoin right in the fucking link

aaaand, delayed

https://www.sec.gov/news/press-release/2024-64

new press release queued up
https://x.com/davekpk/status/1793746034600051109

people getting page not available

AAAAAAA I GOT LIQUIDATED BY THAT HUGE RED WICK
FUCK VITALIK
FUCK GENSLER

>>58517369
not working on my machine

>>58517373
FUCK FUCK FUCK

FUCK THIS SHIT IM GOING 100x SHORT WITH THE REST OF MY SAVINGS

THEY WILL SUE FEETHTERUM FIRST. IF ETH WINS THEN THEY WILL APPROVE IT
GET READY TO DUMP

>>58517369
if anything the link would be this https://www.sec.gov/news/statement/gensler-statement-spot-eth-052324

WTF AAAAAAAAAAAAAAAAAAAAA

>>58517390
WHAT THE FUUUUUUUVCK

>SEC APPROVES SPOT ETHEREUM ETF

im going to kill myself

>>58517426
LMAO

>>58517426

>>58517430
the (((SEC))) is watching my trades and dumping/pumping the chart to fuck with me

>>58517436
use a fucking stoploss lilbro

>>58517441
If i did it would just touch the stop loss then go in the direction I needed it to. its rigged

APPROVED LET'S FUCKING GO

>>58509381
>Anxious and divided
Hardly. It'll crash for like 2 days if rejected and then level out and go up when Bitcoin does, as always. It'll go up for like 3 days if accepted and then have a big correction to just above where it is now if it passes. Who gives a shit?

>gets delayed after i go long
>gets approved after i go short

>>58517426
HOLY LMAO

>>58517426
I did literally the exact same thing and both times I just barely got liquidated

ETHEREUM BANNED

APPROVED
>APPROVED
APPROVED
>APPROVED
APPROVED
>APPROVED
APPROVED
>APPROVED


https://www.sec.gov/files/tm/lk87adfs99.pdf

>>58517426
Isn't this the type of thing where you do nothing until after the big move?

WHY IS IT NOT PUMPING

>>58517468
Just flash crashed
Did you long again?

>NORTH KOREA BANS ETHEREUM

>>58517513
bro did you not see what happened with the bitcoin one?
imagine that but with no flows coming in b/c s1s aren't approved and like 0 interest in eth lol

>>58517509
maybe but if it went in the right direction i would've made alot of money
>>58517514
anon i dont have any more money to long with

>>58517513
BTC dumped on the actual confirmation and only did it's mega pump when the inflows started.

APPROVED

https://x.com/JSeyff/status/1793750784624214517

>>58517505
It's real.

I just realized: BTC just passed it's ATH; what usually happens next in a bull market? ETH surpasses ATH. I think it will surprise even the bulls and surpass $4k in a matter of days.

>>58509381

The bull run is back boys, no taksies backsies

>>58517646
Wtf is this real?

My penis is totally engorged with blood at this time