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
https://www.coinfeeds.io/daily-trending-news/clarifying-blackrock-bitcoin-etf-speculation
Oh I think that an ETF is coming but perhaps not as soon as we all hope and speculate. The current pump is 100% speculation hype, I would say.
But that does not mean that that is a bad thing. It just means that people are investing in Bitcoin ahead of the ETF, although nobody really knows when an ETF is coming but they are excited because it is definitely coming now, after there are no more obstacles which would stop it.
But who knows? We have been in for disappointments in the past as often as we have been in for nice surprises.
Either way, time to hodl
Yes, it would be a big disappoint for all in the crypto industry if in case the Blackrock ETF application would still be rejected by SEC with Gary Gensler on board. Though honesty am not a big fan of ETF but it is estimated that this can push the price of Bitcoin to heavens...and can possibly make Bitcoin be an everyday household name. Let's hope that eventually SEC will do its part and make it a big reality so we can finally see how it would affect BTC price. The market is excited for this which put BTC on a bullish mode.