Bitcoin ETF officially approved!

[shield132]

Bitcoin ETFs are officially approved - https://www.sec.gov/files/rules/sro/nysearca/2024/fg-89shlq.pdf

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[darkangel11]

I don't see anything. Can you post a screenshot of the contents, or something?



I have serious doubts about these news after yesterday.


Edit: I've just opened youtube and there's a video from Swan Bitcoin going live where they say all 11 ETFs got approved. So, I guess congratulations fellow holders!

[ColdLava40]

Bitcoin ETFs are officially approved - https://www.sec.gov/files/rules/sro/nysearca/2024/fg-89shlq.pdf

This is indeed a huge news to the Bitcoin community. The long awaited ETF has just been approved. Hoping that Bitcoin meets my price expectations which is $50K. Congrats to the Bitcoin community.

[JackpotRacer]

I don't see anything. Can you screenshot the contents or something?



I have serious doubts about these news after yesterday.


I just opened youtube and there's a video from Swan Bitcoin going live where they say all 11 ETFs got approved. So, I guess congratulations fellow holders!

I get same

Oops! Page Not Found.
Error 404

[shield132]

darkangel11
JackpotRacer
It went offline. I have the whole PDF, does anyone want it? Btw this image comes from cointelegraph.com

[JackpotRacer]

yes it was there now and again gone

very strange

[darkangel11]

Thanks for posting screenshot guys. I saw people talking about it live on youtube. They say the SEC website crashed at some point under traffic
Also, there was a surprisingly large amount of dumps on exchanges when the approval was announced, I guess the non-believers thought it's another fake announcement.
Once they confirm it there's going to be a wave of buybacks.

[Orpichukwu]

This approval news right here today just confirms the incident and speculation from yesterday, which led me to question the authenticity of the news being made by hackers who penetrated the SEC official X page. Thread link:
My question:

The question is: who hacked the SEC account? I mean US SEC, which is supposed to take their security very seriously, and they don't know when their official page was compromised and news was made about it...

 
Which user, @tvplus006, gave a very perfect answer to the question, which was too simple for me to believe until now?

The answer may be too simple to be believed. There is an assumption that this was a delayed publication, which was supposed to appear tomorrow, January 10, as previously expected, when the SEC was supposed to announce its decision. But obviously, the account admin has confused something with the dates.

 
The good news is, it was finally approved after all this time and all the speculation. 

[salad daging]

I don't see anything. Can you screenshot the contents or something?

You can go to this twitter as it has a copy of the re-uploaded PDF, you can also read the entire text in the PDF, until now the file from the SEC could not be found.

[albert0bsd]

This are excellent news, we can expect that the bitcoin brice get skyrocket in the few days/weeks, obviously this can bring more volatility.

[_BlackStar]

This is definitely good news - but a bit strange, of cource because I see a price correction in bitcoin at the moment. This may not be normal as bitcoin ETFs should be able to bring more money into the market which then causes prices to increase drastically - but it may take some time for this news to be confirmed. If this news is true - then I think the market is really going to party in the next little while. Let's wait and see how he reacts.

[BitMaxz]

It seems the link or the page was hacked because the PDF file is gone or SEC just intentionally removed it

It's trending on Cryptopanic and FB groups about this news but I can't see the price surge yet maybe we will see it after a few more hours?
However, some people said it's fake news but I found this statement below.

- https://www.sec.gov/news/statement/gensler-statement-spot-bitcoin-011023

Ok, I get it the link was down due to heavy traffic which is why the page suddenly 404 error.

[cr1776]

This link is working:
https://www.sec.gov/files/rules/sro/nysearca/2024/34-99306.pdf

I suspect the original was a temporary link and it was renamed.  But who knows, it could've just been incompetence on the SEC's part.

[Synchronice]

This is definitely good news - but a bit strange, of cource because I see a price correction in bitcoin at the moment. This may not be normal as bitcoin ETFs should be able to bring more money into the market which then causes prices to increase drastically - but it may take some time for this news to be confirmed. If this news is true - then I think the market is really going to party in the next little while. Let's wait and see how he reacts.

It's really strange, it's officially approved as it seems but there is a big inactivity on market. The market was volatile like this yesterday and the moment before announcement too, charts speak themselves. People are probably looking for official twitter post or aren't immediately acting because they are afraid they'll become a victim of what happened yesterday. We aren't seeing buy the rumor, sell the news either. It's a very curious, I am not going to sleep for a while to see what will happen.

It seems the link or the page was hacked because the PDF file is gone or SEC just intentionally removed it

If they have such a big problems, they should close themselves They are toying with Bitcoin's price.

[DooMAD]

Has anyone checked on Mr Gensler?  Is he feeling okay?  Probably went off to find a quiet corner to cry in.  

I'd honestly rather none of them had been approved, but fine.  Let the bazillionaires have their playthings.  Betting from the sidelines still isn't "Bitcoin adoption" in my book, though.

[boyptc]

Now the rich are on the game. Are we going to be rich as well as their money will flow and come to us too?

I just hope that SEC will never post another update about that their website and approvals have been hacked by somebody and just modified it.

Will wait for the impact of this on the market as it's not that impactful as of the moment.

[GreatArkansas]

I'm positive a few days ago when we had these mistakes from the Twitter profiles of SEC and Gary Gensler where they tweeted the approval of ETFs.
Where I am positive that they just accidentally tweeted it very early and claimed that they were hacked

[Text]

This is indeed a historic moment for Bitcoin and the cryptocurrency market. The U.S. SEC officially approved the listing of Bitcoin Spot ETFs on Wednesday, January 10, 2024. This approval will likely open the door to a new wave of institutional investment. Trading could start as early as Thursday morning. This move marks a significant milestone in the evolution of Bitcoin adoption within traditional financial markets.
Please note that while the original document might be temporarily inaccessible, the key details have been widely reported and confirmed by multiple sources.

https://cointelegraph.com/news/sec-spot-bitcoin-etf-approvals
https://www.msn.com/en-us/money/savingandinvesting/sec-officially-approves-bitcoin-etf-proposals-for-real-this-time/ar-AA1mLSQg
https://www.fxempire.com/forecasts/article/bitcoin-spot-etf-officially-approved-by-sec-bullish-btc-price-reaction-to-follow-1401469
https://www.investors.com/news/sec-officially-approves-bitcoin-etf-proposals-for-real-this-time
https://www.kitco.com/news/article/2024-01-10/sec-approves-11-spot-bitcoin-etfs

If you need more specific details from the original document, I recommend checking the news outlets for updates. They will likely provide access to the document once it’s available again.
Remember, always verify information from reliable sources. Happy investing!

[2Pizza410000BTC]

Has anyone checked on Mr Gensler?  Is he feeling okay?  Probably went off to find a quiet corner to cry in.  

I'd honestly rather none of them had been approved, but fine.  Let the bazillionaires have their playthings.  Betting from the sidelines still isn't "Bitcoin adoption" in my book, though.

Gray Gensler himself made the statement and declared Bitcoin EPF officially approved. I'm sharing a screenshot pic below and the link I took from Twitter(X) .


https://twitter.com/BitcoinMagazine/status/1745198148862046507?t=z7OILSoFKrp96kHW1DiQSA&s=19

[ObscurePen]

Has anyone checked on Mr Gensler?  Is he feeling okay?  Probably went off to find a quiet corner to cry in.  

I'd honestly rather none of them had been approved, but fine.  Let the bazillionaires have their playthings.  Betting from the sidelines still isn't "Bitcoin adoption" in my book, though.

Gray Gensler himself made the statement and declared Bitcoin EPF officially approved. I'm sharing a screenshot pic below and the link I took from Twitter(X) .


https://twitter.com/BitcoinMagazine/status/1745198148862046507?t=z7OILSoFKrp96kHW1DiQSA&s=19

He makes it sound like he was forced into it. He definitely didn't want them approved. I guess he put up a good fight. But too much pressure from giants ... cough cough Blackrock

Now that the ETF is approved I guess Bitcoin might seem a bit more legitimate to ppl when they see names like Blackrock, Fidelity ARK and the like. Although spot ETF's have been approved in other countries like Australia and it didn't have much effect. But I guess the SEC approval has been publicised and built up much more and thus we hopefully see new ppl investing in crypto. So hope for big bull runs!