Home
Artists
Search Recent Random
Posts
Search DMs Popular Hash Lookup Tags Random
Importer
Import FAQ
Register
Partychan Telegram Find&Fuck Waifus ThePornDude
Home Artists Posts Import Register

Bloomberg: 75% chance of ETF approval in 2023 (Patreon)

Published:
2023-08-30 15:36:51
Imported:
2023-08

Content

  • Bloomberg analysts predict a higher chance of a spot bitcoin ETF launching in 2023 due to Grayscale's legal victory against the SEC.
  • The analysts estimate a 75% probability for a spot bitcoin ETF in 2023 and nearly certain by the end of 2024.
  • The decisive court ruling and the SEC's legal setbacks may make further ETF denials politically challenging; upcoming September decisions are expected to be delayed.

Files

Comments

Anonymous

🕰️👀😎

Anonymous

Going to be a fun ride!!

Anonymous

It is about time we start getting regulatory clarity. (Sort of)

Anonymous

Starting next month I’m going to go hard into BTC to become a whole coiner. I’m 80% of the way there

Anonymous

Remember the price of BTC has to drop first so ETFs can first raise funds and then buy BTC cheap as they won’t be buying before they raise funds. I concur with others that BTC may not be the play since it’s too obvious, it’s probably ETH

Anonymous

Is the thinking to sell MSTR when ETF is approved?

Anonymous
>>116409128

I’m sure they’ve been buying for a long time just not announcing it. My concern is how easily (or not) they’ll be able to move the market price in each direction once the spot etf for BTC is passed. Am slightly concerned they’ll be able to suppress the price.

Anonymous
>>116409128

Absolutely. Isn’t that why the futures etf was approved first to allow playing both sides of BTC to maintain and manipulate price. There are no free lunches on Wall Street and it’s way too easy and obvious thst price would just instantly rocket upwards.