But realistically, the chances of an approval in 45 days time remain slim to none.
Why would they grant it now with interest rates peaking? How much money would flow out of the traditional markets into the crypto sector, potentially sinking many traditional stocks? And more importantly certain Government employees need to prep themselves for insider trading.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
1 Likes
Reward
1
1
Repost
Share
Comment
0/400
WatchMeExplode1.2Mil
· 2023-09-01 11:47
Only if you don't pass it can you keep making money. Once you pass it, you will become a famous brand.
So, the US 🇺🇸 #SEC has bought itself another 45 days to rule on Spot BitcoinETF proposals by #BlackRock, Fidelity, VanEck and #Bitwise.
But realistically, the chances of an approval in 45 days time remain slim to none.
Why would they grant it now with interest rates peaking?
How much money would flow out of the traditional markets into the crypto sector, potentially sinking many traditional stocks?
And more importantly certain Government employees need to prep themselves for insider trading.