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#ETFApprovalDreams #BTC

🟢 If the #SEC really approves the #BitcoinETF today, how are we going to know if it’s for real or not? 😀

#BTC #ETFApprovalDreams

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🔥 What is an ETF
An ETF (Exchange-Traded Funds) is an exchange traded fund. It buys millions and billions of dollars worth of securities of different companies, assembling them into an investment portfolio and then selling investors a share in it.
One ETF share is one share of the portfolio. ETF shares can be traded on an exchange like ordinary securities.

😮 How a bitcoin ETF works
A bitcoin-ETF is a fund organized on the same principle. The fund buys one or more cryptocurrencies, such as the same bitcoin, and sells its shares to investors on a stock exchange. This allows investors to earn on the growth in the price of cryptocurrencies without buying them directly on specialized cryptocurrency exchanges.
Thus, investing in bitcoin ETFs is safer and more convenient for many than buying the coin on a cryptocurrency exchange.
Issuers of cryptocurrency ETFs are fully responsible for the safety of the underlying asset. At the same time, such ETFs are regulated under securities laws. The fund's performance and transparency are monitored by a custodian and auditor, and the fund reports to a regulator, such as the U.S. Securities and Exchange Commission (SEC).

Besides ETFs, there are two other financial instruments that may provide interest to investors - ETPs and ETNs.

#BTC #ETFsApproval #ETFApprovalDreams #etfsaga

Bitcoin saw a pump and dump in price due to fake ETF News.

However, Price did mange to do a sucessfull retest.

Price is still holding above 45000$ area.

Price didnt fall below it.

After some consolidation bitcoin is expected to move upside.

Keep an eye on it.

#btc #ETFApprovalDreams

#ETFApprovalDreams APPROVED 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

On January 9, the US Securities and Exchange Commission (SEC) suffered a significant breach of cybersecurity and a loss of public confidence as a result of a social media account hack that led to a fake announcement about the approval of spot Bitcoin exchange-traded funds (ETFs).

For a short while, hackers gained access to the SEC's X account and released a statement purporting the organisation had approved the much anticipated products, which momentarily raised the price of Bitcoin. US officials launched a probe into the incident, and the SEC's cybersecurity and position on cryptocurrency came under fresh fire.

#ETFApprovalDreams #hackers #SEC #CryptoniteUae #BTCETFSPOT

BITCOIN IS GOING TO $250,000

HERE'S HOW THIS CAN HAPPEN

→ Gold spot etf got approved in 2004

→ After that, price of gold pumped by 478%

→ Right now btc is trading at $43,200

→ There is a high possibility of etf approval in the next few days

→ 478% pump from current price will send btc to $250,000

→ One more interesting fact is that after the gold spot etf approval, it never returned back to its price of approval.

Trillions are about to flow into crypto, bitcoin will pump hard, which will send many altcoins to 100x & you still not bullish?

Let's hear your thoughts below 👇

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#BTC #etf #ETFApprovalDreams

🎉 Franklin Templeton, BTIG, Broadhaven Ventures and people from Citigroup will offer institutions a tool that allows them to directly own Bitcoin!

- "these securities do not need the blessing of U.S. regulators." (bloomberg)

- The startup is called Receipts Depository Corporation (RDC).
#BTC #ETFApprovalDreams #bitcoin

Bitcoin ETF approval is just over the edge 💥💯
Next two years are going to be insane for crypto.
#etf #ETFApprovalDreams #ETF

SEC officially approves all Spot Bitcoin ETFs.

After ten years of work, the SEC has approved 11 spot Bitcoin ETFs in the US, and this might mark the beginning of a new age for cryptocurrency investment.

The trading window could open as early as 4 a.m. ET on Thursday, aligning with U.S. stock exchange hours.

It's a great day to be alive as major companies like Fidelity and BlackRock are entering the Bitcoin industry.

You can check the official statement from Gary Gensler here :-https://www.sec.gov/news/statement/gensler-statement-spot-bitcoin-011023

#BitcoinETF💰💰💰 #ETFApprovalDreams #altcoins

According to my foresight, significant market manipulation often involves creating big wicks and employing FUD tactics (SEC CHAIRMAN ACCOUNT COMPROMISED Hahahahaha). I accurately predicted this scenario about 4 to 5 days ago. Sit back, secure your positions, and enjoy the unfolding drama of BTC and ETF in the market. 😂🚀
We all know thats its a manipulative move now , I will stop posting for a few hours and Unfold this Drama Properly in 1 single Post if Whales dont get my account banned 🙌
#Whalesmanipulate #FUD #BTC #ETFApprovalDreams

Large token unlocks in January :

• $DYDX - $108M January 1

• $SUI - $57M January 3

• $GMT - $32M January 9

• $APT - $248M January 12

• $SEI - $72M January 15

• $APE - $26M January 17

• $AXS - $31M January 18

• $ACE - $46M January 18

• $INJ - $135M January 21

• $ML - $21M on January 21

• $AXL - $30M on January 27

• $RON - $75M on January 27

#BTC

#ETFApprovalDreams

A lot of manipulation and drama is happening . Stay safe guys
#graygensler #ETFApprovalDreams

❗FOX: The SEC could potentially POSTPONE consideration of applications for a spot Bitcoin ETF.

Each of the 5 members of the SEC commission has the right to request a review and re-vote on the approval procedure.

#ETFApprovalDreams #BTCETFS #BTCETFSPOT $BTC

My opinion on #BTC ETF decision:

1- Approval: Best Case = A Worst Case = B

2- Rejection Best Case = A Worst Case = B

1A) About $100 billion will enter the ETF. Considering that roughly 70% of all bitcoin in existence has not changed hands in over a year, this $100 billion will join a liquid Bitcoin market worth around $255 billion. This will probably increase the price by about 40% (rough guess).

1B) Expectations were too high, no one is interested and we only get a few billions, buy the rumor, sell the fact, price falls to 32-35k support zone in 2-3 months, this happens along with pre-halving drops.

2A) Postpone until March, plunge below 38k over 2-3 weeks. 2B) Denial with no prospects and nothing to hope for, crash to 29k over 2-3 weeks, major BTC businesses diversify or exit the US for good throughout all 2024 and beyond.

My probabilities: 1A = 10% 1B = 80%

2A = 9% 2B = 1%

Whatever you choose to do, be careful and gamble with the best chances.

#BTC #ETFApprovalDreams #CryptoPredictions2024

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