BlackRock expects its Spot Bitcoin ETF to be approved on Wednesday, Fox Business reports.

The official management fees for the ETF‘s have been released:

BlackRock — 0.3%
VanEck — 0.25%
WisdomTree — 0.5%
ARK Invest — 0.25%
Grayscale — 1.5% (HIGHEST)
Bitwise — 0.24% (LOWEST)
Franklin — 0.29%

These fees will be charged annually to everyone who holds a share in the upcoming ETF’s.

So be your own wallet and not paying those fees is obviously the way to go.

According to VanEck the ETF comes tomorrow and is tradable the day after tomorrow.

Sounds like a god candle is going to happen -direction pending. Let’s see

ETF’s are approved

Just now

Aaand

Should call their intern and ask why they are missing 2FA

Second time already someone got hacked and they fucked up.

This document tells you the ETF can start trading tomorrow.

If the SEC accepts today - trading and inflows come tomorrow.

All ETFs are approved

Hope it’s real this time, it’s the official website.

No market reaction.
Seems odd. Checking the page again.

😂
What a shitshow.

Liquidation engines running on max volume.

250 million just got wiped again.

Personally I expect the official announcement later today. According to documents it’s basically already trough.

Ok it’s trough OFFICIALLY.

I told you way before anyone - 4h prior to be precise.

Trading starts tomorrow.

Aaand as I said BTC won’t move. It’s a sell the news event and dependent on inflows tomorrow.

BREAKING‼️ BlackRock's #Bitcoin  ETF is trading up +23.35% pre-market.

It’s on low liquidity but still.
Seems like boomers are currently buying.

Less than one hour until ALL ETF’s go live on the Traditional Spot markets.

The inflows will show us what we can expect for the future.

Boomers down bad.
The former GBTC-Trust that´s now an ETF unloaded on them.

The question is: Did they burn their fingers and are now fearful. Or do we get sustained buy pressure in the coming weeks?

A huge XRP announcement could be in the play. Usually markets react with excitement in such a case.

XRP is still trash.

Ripple employees are currently at the WEF in Davos maybe something brewing there.