Re: SEC: THE SPOT BITCOIN ETF FILINGS ARE INADEQUATE - WSJ CITING SOURCES.
Inadequate doesn't men rejected. Plebs seem to think it was rejected. WRONG!! Blackrock, Fidelity will have to submit more supporting documents it seems
Its always the same trick. Its a nothing news and media outlets and CT make it bigger than what it really is lol. Retail sell the wick, whales fill up the bag.
Its always the same trick. Its a nothing news and media outlets and CT make it bigger than what it really is lol. Retail sell the wick, whales fill up the bag.
Spot ETFs and all these market conditions are now dependent on the Grayscale case in my view, rumors seem true all these institutional giants are interested in spot ETFs suddenly why? I think they got some clues that Grayscale is going to win the case most likely. There is still some time left in the case judgment but now the sentiments are clarifying the results.
Judges Scrutinize SEC Over Denial of Grayscale Bitcoin ETF
More likely I think now SEC has two options they can just delay the deadline or simply reject the ETFs which seems a bit hard due to the ongoing case. A timeline thread is given by a Twitter analyst I think it's worth considering.
