Tonight, the ETF review decision is about to come. Is it a good year of the Dragon or a minor delay? Postponement is not delay. Although the two words look similar, they have different meanings.
Tonight refers to January 10th, Washington time, which is the moment of final decision at this stage! At present, the last review agency is in the hands of ARK, the company of Wood Ark, the female stock god/museum sister.
Although ARK may not be the brightest star in the ETF wave, whether ARK's ETF can pass the test is of far-reaching significance. If it passes, it will be like opening a door to institutions such as BlackRock. If it fails, then the SEC will have reason to reject other institutions.
The SEC's working hours start at 9 o'clock tonight, and until about 5 o'clock in the morning, it is the time when the SEC may make a statement. Let’s all clench our fists and hope that the wonderful ETF decision will come as expected and usher in a new crypto world!
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