[Discussion] Bitcoin Spot ETFs

[OmegaStarScream]

Giving this one last bump before sharing the SEC's decision which should come in 2-3 days from now. Everyone seems to be very optimistic about multiple approvals, and I understand why with all of the amendments to the filings we've been seeing the last few days, ETF commercials, etc.. but I'm still a bit skeptical. Thoughts on this? and do you think this is just going to be another "buy the rumor, sell the news event" (short term)?

[KingsDen]

Giving this one last bump before sharing the SEC's decision which should come in 2-3 days from now. Everyone seems to be very optimistic about multiple approvals, and I understand why with all of the amendments to the filings we've been seeing the last few days, ETF commercials, etc.. but I'm still a bit skeptical. Thoughts on this? and do you think this is just going to be another "buy the rumor, sell the news event" (short term)?

Everything is pointing towards positivity. If it was going to be the other way round, the evidence would have been enormous as well. Even other countries of the world are giving bitcoin a chance by eliminating some barriers on bitcoin before now. This is the long awaited time, and the timing is perfect with the bull run on sight. We should just prepare for the massive regulations that will accompany this development.

[Z-tight]

but I'm still a bit skeptical. Thoughts on this? and do you think this is just going to be another "buy the rumor, sell the news event" (short term)?

I don't think anything has changed from the position we were some months ago, the majority of people still believe that a spot etf approval is just a matter of when and not if, so except a final decision is given against that, the believe remains that an approval is on its way. But i have also read a few different opinions lately, people who think it would be rejected like it has happened in the past and that all these optimism of an approval is just manipulation, soon we will find out which is true.

[Bitcoin_Arena]

Interesting events today.

SEC tweeted that Bitcoin Sport ETFs had been approved



There was a Bitcoin price shake up after the announcement, only for them to announce a few moments later that the account had been compromised  
I smell a rat. I think this was a pre-planned market manipulation tactic that they are just going to blame on a “hack”.

And now they will self investigate that “hack”