So the SEC is keeping us in suspense with their decision on Blackrocks BTC ETF filing now, nice play, Ofcourse they already know the decision, but what if…..👇
So the SEC is keeping us in suspense with their decision on Blackrocks BTC ETF filing now, nice play, Ofcourse they already know the decision, but what if…..👇
what if SEC says no. Don’t you think they have more to gain from saying no than saying yes?
First of, if they say yes, you can bet on the price of Bitcoin to drop, and for fudsters to come out in full strength, maybe $18k. 😂
The SEC will also tell everyone they told us so. SEC for the people will win and Gary Gensler will be at the front of it taking all the accolades
but for a little while
But only for a little while. Why? Because, the longer Blackrock stays out of the BTC ETF table, the more time for others like HSBC Hong Kong to dominate. And hmmn, hmmn, something will have to give.
Suspense is like creating an echo-bubble of ETF's more are in line.
SEC saying no, that would be interesting but yeah, their yes might be "Top" and sell the news thing.
Don't you think by then (approval date) Gary will be Gone from SEC?