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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 170 KB, 790x437, the etf affect.png [View same] [iqdb] [saucenao] [google]
10601587 No.10601587 [Reply] [Original]

"Section 19(b)(2) of the Act5 provides that within 45 days of the publication of notice of the filing of a proposed rule change, or within such longer period up to 90 days as the Commission may designate if it finds such longer period to be appropriate and publishes its reasons for so finding…

The Commission is extending this 45-day time period. The Commission finds that it is appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change."
So we're talking about early to mid November to get a decision on the clearest ETF proposal ever?

Say the outcome is positive, how high could BTC climb by EOY?

source: https://ethereumworldnews.com/here-is-why-the-bitcoin-btc-etf-delay-by-the-sec-was-expected-and-is-actually-a-good-thing/

>> No.10601612

The SEC are trying to manipulate btc.
They made an extension. The purpose of which ks to allow more time to review. So they anounced an extension 9daya before it was due. This has cost them 9 days of decision making as it is extendes from the date of anouncement.
The SEC rarely if ever give notice before the due date either. This is a highly unlike them.

ETF will come in 2019. But they will now manipulate the fuck till then