Not that CNBC is at all a reliable source lol but we're close
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π¨ THE DOJ says, βwe have 120,000 bitcoin that has a basis of $71M, today the value of that #Bitcoin is $5.4 Billion.ββοΈ
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Whatever you take from this, please let it be that if hodling was good for the government, it most definitely is for you.
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SEC Chair Gary Gensler urges caution to asset managers and investors as they near a decision on approving spot Bitcoin ETFs.
With revised S-1 applications in from major players, Gensler warns of high risks and volatility.
https://www.btctimes.com/news/gensler-cautions-on-crypto-with-spot-bitcoin-etf-approval-looming
With revised S-1 applications in from major players, Gensler warns of high risks and volatility.
https://www.btctimes.com/news/gensler-cautions-on-crypto-with-spot-bitcoin-etf-approval-looming
BTC Times
Gensler Cautions on Crypto with Spot Bitcoin ETF Approval Looming
Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), recently posted a thread on X, directed towards asset managers eagerly awaiting a verdict on their applications for spot Bitcoin exchange-traded funds (ETF).
On January 8th, Genslerβ¦
On January 8th, Genslerβ¦
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Bitcoin is up OVER 160% since Peter Zeihan, one year ago today, said that bitcoin would trade BELOW ZERO! β οΈ
lol, lmao even
lol, lmao even
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π Exactly 15 years ago, the 1st Bitcoin software was officially released, giving the world the gift of inflation-resistant sound money πͺ
The perfect day for an ETF approval to take $BTC mainstream π
The perfect day for an ETF approval to take $BTC mainstream π
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ICYMI: πΊπΈ Former SEC Chair says spot Bitcoin ETF approval is inevitable, "there's nothing left to decide."βοΈ
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π Everything priced in #Bitcoin is going towards 0 π
β€47π₯16β‘11π€£6π―4π±2π1
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π When the fam asks you where's Bitcoin heading:
π€£52π14β€10β‘3π3π€2π―2π1
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JUST IN: π¨VanEck (seems to) confirm that the Bitcoin ETFs will begin trading on ThursdayβοΈ
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JUST IN: πΊπΈ SEC issued additional comments on spot Bitcoin ETF applicant's S-1 forms π
More amendments are now expected tomorrow.
More amendments are now expected tomorrow.
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JUST IN: π₯ Bloomberg ETF Analyst James Seyffart says he's "expecting approval orders tomorrow and potential launches on Thursday morning"βοΈ
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CATHIE WOOD: πΊπΈ SEC approval of the Bitcoin ETF is a green light for institutions π’
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JUST IN: In π¬πͺ Georgia, you can now purchase cars using Bitcoin and Tether at the Toyota Center Tbilisi π
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"$GBTC traded close to half a billion today, which is more than 99% of the 3000 current ETFs, and reminder that they are bringing a (volume) gun to a knife fight if they launch with everyone else. That said, the 1.5% fee will act as a repellent. Another fascinating sub-plot."
- Eric Balchunas
- Eric Balchunas
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