EFT APPROVED: short squeezed

in LeoFinance3 years ago (edited)


shortsqueeze2.jpg

https://www.sec.gov/Archives/edgar/data/1877493/000135445721001164/8A_Cert_BTF.pdf

Just a quick post letting everyone know that the Valkyrie Bitcoin Futures ETF has been approved. Probably the reason why BTC has spiked to $60k just now. If I'm being honest this means there is probably even more of a chance that BTC crashes on October 18th, but I've closed my short and pumped all the money into LEO (because fuck shorting crypto during a mega-bubble that's just stupid). I bought 13.6k LEO with the collateral I was using to short the market. Pretty good trade IMO. LEO is massively undervalued.

I now have my 70k powered up LEO back (the number I was at before CUB was launched). Crazily enough my bLEO/BNB LP position is worth $18k while my 70k powered up LEO is still only worth $15k. I could liquidate my LP and power up to 150k LEO, but LEO needs that liquidity for the bridge and the yield is amazing and BNB has always been one of the best performing assets during any bubble.

Conclusion

We are perfectly on track during the Q4 mega-bubble:

  • $65k Target in October.
  • $100k >> $70k >> $100k+ target in November
  • $250k+ target in December.

Send it!

This is to certify that on October 15, 2021 The Nasdaq Stock Market (the "Exchange") received from Valkyrie ETF Trust II (the "Registrant") a copy of the Registrant's application on Form 8-A 12(b) for the registration of the following securities:

Valkyrie Bitcoin Strategy ETF

We further certify that the securities described above have been approved by the Exchange for listing and
registration upon official notice of issuance.

We understand that the Registrant is seeking immediate acceleration of the effective date of registration, and we hereby join in such request.

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Only the ETF has been approved to be listed on the Nasdaq sir. SEC hasn't provided any decision yet. The odds are high but it isn't approved yet.

Posted Using LeoFinance Beta

Wonderful, now they can naked short btc just like they do silver!

I hope they do.
Silver isn't doubling in value every year.
Most epic short squeeze of all time.
Could even crash the futures market and show what a sham it is.

I'm wondering what the true market value of silver is.
At some point I expect the price to rise enough to make moon mining viable.

I am more surprised that one of the big large banks didn't get it. I thought it was just going to be another rumor to hype prices

Posted Using LeoFinance Beta

Wow...70k LEO power...you're not joking around

Please sir of sirs who is many sirs. Bitcoin is best when wearing shorts like say you sir.😀

5 mins ago, that's what I read 😅

Awesome news with ETF approval. I believe the rest part of the year will be amazing

Right now I got rid of my USDT in favour of CAKE, BNB, cUSD, DAI, DEC and SPS.
I wonder if it is gonna bite me in the a***🤔

Buckle up kids, it’s going to be a wild ride the rest of the year! Buy some bitcoin now before it goes nuts lol

Does this going to affect BTC to fall. Because I even sensing something, once BTC get to 65k,I know it will correct. Let see what's going to happen

Posted Using LeoFinance Beta

Wow, that is really awesome news! I think even more than the ETF is the fact that you powered up all of that LEO. Nice! It can't wait to see how the rest of this year plays out!

Posted Using LeoFinance Beta

Hope rising up than before. I just checked it out now and I found out that it has been approved. T

I don't think people are ready to witness what is about to unfold in the crypto markets.

Face melting season is right around the corner.

Posted Using LeoFinance Beta

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Now lambo? :)

wow 250 by new years has me bullish!

Bubble is booming up. It's easy peasy and Squeeze. Keep killing it dear. 😊👍. !PIZZA


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