Post
Topic
Board Economics
Re: I want to get spot bitcoin ETF news directly from the SEC
by
joniboini
on 15/07/2023, 10:53:11 UTC
I want to know the exact second that SEC would approve bitcoin spot ETF directly. I do not want it to be what I will read on the crypto new later after people would have bought and the price would have increased.
Is there any reason to believe you'll be able to buy enough if they ever got approved though? I agree with what has been mentioned above, just buy Bitcoin now and DCA if the price moves against your liking. I mean, even if you can buy it asap as the news is released, you'll likely lose to bots or something similar. There is no reason to increase the risk of not getting some sats at the right price just because you want a guaranteed return from ETF news IMO.

By the way, as far as I can see from their official news page shared above, there is no mention of any approved ETF from their side. I guess they won't change it just for Bitcoin ETF and other media will likely be your source for any confirmation of ETF approval. CMIIW.