๐ I just had a great chat about the Bitcoin ETF approvals with Bloombergโs @JSeyff
We discussed:
- 90% Chance of Approval
- Why this time is different
- Is the ETF priced in?
- Is it โfakeโ Bitcoin?
- Potential for huge demand.
LISTEN๐๐๐ https://twitter.com/i/spaces/1yoJMwgkvdeKQ
JUST IN: SEC confirms it met with multiple Bitcoin ETF issuers yesterday, including BlackRock, Valkyrie, ARK etc
SEC was clear: remove "in-kind" redemptions from filings. "Cash creates" only.
SEC gave guidance that a Bitcoin ETF will likely be approved by Jan 10 - Fox Business
JUST IN: ๐บ๐ธ SEC just met with ALL spot Bitcoin ETF issuers and told them to remove any reference to "in-kind" redemptions from their filings. "Cash creates" only.
It's a done deal. ๐ค
Negotiating the finer details.
JUST INโผ๏ธ Argentina to allow contracts to be agree in Bitcoin.
President Javier Milei says "Bitcoin can eliminate the central bank"
Legal tender next? ๐