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JPM on Spot ETF (Patreon)

Published:
2023-10-20 16:43:23
Imported:
2023-10

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JPMorgan expects spot bitcoin ETF approvals to come 'within months'

The SEC will likely approve multiple spot bitcoin ETF applications "within months," according to JPMorgan.

Comments

Anonymous

sentiment has def changed for the better

Anonymous

What do you think about this line in the article? “While crypto enthusiasts eagerly await the approval of a spot bitcoin ETF, JPMorgan analysts have previously said that such approval "is unlikely to be a game changer for crypto markets." That's because spot bitcoin ETFs have existed in Canada and Europe for some time but have failed to gain significant investor interest.”

Anonymous

Well, first of all I’d suggest doing a little research. Tesla isn’t just a car business. It has added FSD to that mix, Optimus, energy storage, and other projects being propelled forward by Dojo. Dojo is predicted to be the worlds 2nd most powerful supercomputer by next Autumn. It is assisting FSD and Optimus robot with visual learning. Tesla’s margin is still impressive and they can afford to carry on cutting if need be. Other ev makers cannot. They make EV’s at a loss already. Tesla will end up with a larger market share if this plays out. The macro is always darkest before the dawn and the US will start cutting rates if things are about to break. It’s an election year coming up so Bidenomics will have to be seen to be working. I.e. money 💴 printing galore. As for China 🇨🇳, BYD is crap. They fall apart once you hit 50mph. Quality isn’t in the same league as Tesla. CT launch 🚀 next month.

Anonymous

I think most now feel that the spot EFT will be approved in either Q4 or next Q1... Having said that, I will NEVER trust a word out of Dimon's mouth. He is nothing more than a manipulator and open lies to the public.

Anonymous
>>120286091

However, Tesla cars are not all good..check the call reports. Total EV are for people who can afford to walk 3 miles for a charge or have a charger at home. Millions don't have it. Tesla cars are too bulky and heavy and too low for my liking. Heavy means more drag. More consumption. Just a leighmans opinion. I woukd never buy a Chinese car anyway be it BYD or Tesla. But I do believe TSLA ia a smart investment with a huge potential and they supply most other EV manufacturers. After all they use a lot of parts from BMW, Mercedes and Kenworth, among others.