SEC approves BlackRock's spot bitcoin ETF (FAKE!)

[Kakmakr]

Well, Cointelegraph lost a lot of credibility with this "fake" news that were posted online. The SEC said, they will post something on their official communication channels, if there are something that needs to be reported. 

The Bitcoin price climbed a little bit and now it recovered and someone made a little bit of profit.... and everything is back to normal.    The lesson that we should take away from this ===> Verify all news, before you react to it. 

[Cryptmuster]

Well, Cointelegraph lost a lot of credibility with this "fake" news that were posted online. The SEC said, they will post something on their official communication channels, if there are something that needs to be reported. 

The Bitcoin price climbed a little bit and now it recovered and someone made a little bit of profit.... and everything is back to normal.    The lesson that we should take away from this ===> Verify all news, before you react to it. 

Absolutely right, any significant news should be checked on official sources. In this case, manipulators played on the expectations of traders, and those who hurried and did not check the official information most likely could have lost money. Haste is bad when it comes to your money. But Bitcoin continued to grow, and now it seems to me that it’s time to adjust after such good growth, especially when there are those who believe in further growth. )

[DrBeer]

OP can you edit your first post. and put into topic [fake] or [error] or [misleading] or something..
to clarify your topic is not actually about SEC approving a ETF

I agree I just looked and  was fooled into thinking the changed their mind.
Please correct it like franky1 has asked.
both his way or my way work.
Re: [misleading ] SEC approves BlackRock's spot bitcoin ETF = franky1
Re: [misleading not true] SEC approves BlackRock's spot bitcoin ETF = philipma1957

Hi all ! Thanks for the recommendation - the topic of the topical has been changed to: "SEC approves BlackRock's spot bitcoin ETF (FAKE!)"
...but hopefully I'll be forced to withdraw this post soon, due to real changes in the crypto market and the "SEC vs BlackRock" story

[DrBeer]

Very interesting news, in the aspect of this topic:

BlackRock's Spot Bitcoin ETF has been listed on DTCC with the ticker IBTC

BlackRock's iShares Spot Bitcoin ETF (ETF) offering has been listed on The Depository Trust & Clearing Corporation (DTCC), a provider of post-trade clearing, settlement, custody and information services. The move hints that the fund may be approved by the U.S. Securities and Exchange Commission (SEC).
Bloomberg ETF analyst Eric Balchunas noted on social media that the DTCC listing is part of the ETF launch process. The iShares spot Bitcoin ETF will trade under the ticker IBTC if it is listed on the Nasdaq exchange, where it applied to list and trade in June.
Balchunas noted that IBTC is the first spot bitcoin ETF listed on the DTCC, and added that "it is notable that BlackRock is leading the logistics (seeding, ticker, Dtcc) work that typically happens just prior to launch." He said it's hard "not to see this as a signal that approval is certain/imminent."
Balchunas suggested that the SEC may have already given the go-ahead for BlackRock to launch a spot ETF, or that the company is operating under the assumption that it will receive such approval. The deadline for regulators to approve or reject the ETF expires Jan. 10.

[franky1]

Very interesting news, in the aspect of this topic:

BlackRock's Spot Bitcoin ETF has been listed on DTCC with the ticker IBTC

EDIT: and its back

IBTC    46438F101    ISHARES BITCOIN TR SHS    2869    D    N

[DrBeer]

News from yesterday about a different company, but very significant for the crypto market, and has a close relation to this topic:

"In June, an asset management firm sued the regulator for refusing to convert their flagship trust. The firm submitted a corresponding application back in October 2021.

In late August, the court granted Grayscale's application and ordered the Commission to reconsider the decision.

The new document reiterates the appellate court's ruling. According to the ruling, the management company proved that the proposed spot ETF is similar to the already approved bitcoin futures exchange-traded funds.

Earlier it became known that the SEC does not intend to appeal the court's decision in the case against Grayscale.""

What can be said: SEC, having "accelerated" in its rigid demands, stumbled sharply and reduced its "malicious activity". The only question is - for how long? Is it a realization and acceptance of the crypto market or just a "regrouping" before a new attack on the crypto market?