Post
Topic
Board Bitcoin Discussion
Re: Blackrock ETF Discussion
by
Yaunfitda
on 26/10/2023, 10:18:19 UTC
It is very interesting that Blackrock ETF, which was on DTCC's site since August, suddenly caused so much speculation yesterday and then was taken off the site. What do you guys think? Is an ETF coming soon? How come no one took notice of DTCC's site until yesterday?

https://www.coinfeeds.io/daily-trending-news/clarifying-blackrock-bitcoin-etf-speculation
Yeah, it is very uncanny for them to removed the ticker when someone notice it on their website. So it could be that they just made a big and honest mistakes on their end, or they wanted to see the pulse of the crypto world and see what will be the reaction. And so obviously, it created a lot of noise and pushes the price to $35k. And the good thing is that even after they have taken it down, the prices keeps on that price range.

As for the ETF coming soon, yeah, the pressure is now on SEC to approved it. There are big guys playing on the market right now, too influential that the SEC can't really do anything about it but to approved it. And most likely it will coincide with the bull run in the next year.