Hey guys, SEC to decide fate of Winklevoss Bitcoin Trust on March 11.
Bitcoin has surged 14 percent in the past two weeks to approach all-time highs,
Bitcoin has surged 275% in the last year...I don't think the last two weeks has ANYTHING to do with the Winklevii ETF.
The best way to take advantage of it is to be hodling when it goes live! If it gets denied you could benefit selling before whatever drop may occur...it could be fast though, so it would be better if you look for a bottom and buy in, rather than selling and then buying back in at the bottom.
If there are options available you could buy puts going into the decision, which would let you capitalize on the down if they get denied but I don't know if such instruments exist.