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57185241 No.57185241 [Reply] [Original]

Insider here. The papers have been signed, the ETFs have the green light. The news will go public tomorrow but trading of the ETFs won't happen till next week.

>> No.57185342

>>57185241
so 30% pump or dump?

>> No.57185375

>>57185241
t. desperate shitposter in underwater top long

>> No.57185377

>>57185241
Gary Gensler here. Fake news. Me alive the SEC will not authorize a BUTTCOIN etf.

>> No.57185577

The biggest Sell The News event in bitcoin history.

>> No.57185600

>>57185241
Op here (changed IPs). I’m inside OP’s mom

>> No.57185725

>>57185241
Obviously, a LARPer thread by OP, but nonetheless an ETF for BTC will change everything. Don't know how long it will take if/after the ETF is approved, but it will permanently kill BTC's volatility. This is the only absolute known outcome if an ETF is approved. Yeah, BTC will always appreciate in value over time, but it will become boring like gold. People are expecting a huge rise or drop when it's approved. Neither will happen & BTC'ers will be confused. Similar to the stock market, stocks don't react to things like job reports & other macro events like they have in the past. Same will happen to BTC & things like the halving or other things similar will not effect it like it has in the past.

>> No.57185741

>>57185725
t. retard
gold was never volatile

>> No.57185771

>>57185725
It's obvious that you have no clue what you're talking about. You're increasing the demand without increasing the supply, how do you expect this not to change the price, and why would it stop the halving having an effect? That's retarded.

>> No.57185869

I still can't believe the government is willing to enable institutional gamers to game with bitcoin seeing that they don't have the means to stop, curb, slow or gatekeep others from buying or selling crypto when times are rough (for the government). It sounds more likely to me they don't even understand that bitcoin supply is on an algo, and can't be printed like FedBucks(tm).

>> No.57185879

>>57185771
Who says the ETF has to be backed with BTC? It's just paper, same as gold.

>> No.57185885

>>57185879
bruh

>> No.57185917

>>57185885
>we promise this synthetic will track the price of your gay little illiquid stock- I mean, uh, cryptocurrency
>Redeem it? Sure! Here's your $45,000!
Actual on-chain BTC has nothing to do with the ETF.

>> No.57186064

>>57185241
Sooo BSC pump?

Buy my groki gorke

>> No.57186189

they arnt going to green light on a friday when crypto trades on low volume weekends