April 29, 2024

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BTC Spot ETF Approval Countdown News Updates

bitcoin etf approval

Photo by Michael Förtsch

BTC Spot ETF Approval Countdown

And again, the countdown is on for the BTC ETF approval…some say the 3rd, some say the 10th or 15th, Polymarket has bets placed for the 15th, others believe it will be later on due to the rushed nature of the entire process and applicants not having all of their ducks in a row as they were suppose to with the previous amendment deadline of Dec. 29th. However and who knows though, the joys of the stock market casino, where the house loves to play dirty 😉

On the other hand, there are also other forces from financial, economical, and political institutions that are playing heavily into this equation as well… Who knows, maybe a spot BTC ETF gets approved tonight or one never gets approved at all, wouldn’t that be astoundingly hilarious.

As a side note: Yesterday, Cramer stated that “Bitcoin can not be killed”. Shortly after BTC tanks… 😐

Now we have the Matrixport report that may have been a contributing catalyst or message to markets over the sudden drop in BTC price, on the heels of the BTC ETF approvals. Not to mention Fidelity receiving the green light from CBOE with the ticker listing FBTC earlier today.

And now Forbes just published an article with a title similar to BTC ETF- The Potential Rugpull of the Decade…

Muddy waters everyone! Hope for the best and prepare for the worst…whatever you do- Don’t hold your breath… 🙂