Quote from: sunsilk on Today at 11:37:38 AM

Quote from: suzanne5223 on December 26, 2023, 09:17:05 PM

Quote from: sunsilk on December 26, 2023, 05:48:00 PM

That's what I am thinking as well. It's because his business will be certainly affected if these ETFs will get an approval? How?

We have to wait for it because it seems that there's a huge chance that most of them will be finally approved.

BlacRock's latest spot proposal amendment shows that institutional banks will be the major players in everything that has to do while CEX is not involved. I mean the latest proposal is something that boosts the bank and this is why the SEC chairman made a statement that they have no reason to block the ETF approval days ago.

Wow, before we don't like this if it's happening. But we're starting to see that there's really a need to see something like this for the sake of going up for Bitcoin's price.

No, that's what it is. Bitcoin market price always experiences new ATH price whenever it's halving effect market but the BlackRock and others just want to take advantage of this for their benefit.
Meanwhile, these are the feelings I had ever since the spot ETF proposal started but the majority of the crypto community never looked into the negative effect of the spot ETF despite the billions of dollars inflow that it will generate for the crypto market.

Quote from: sunsilk on Today at 11:37:38 AM

Quote from: suzanne5223 on December 26, 2023, 09:17:05 PM

Quote from: sunsilk on December 26, 2023, 05:48:00 PM

maybe another competition on the rise and that's why he's too skeptic about it.

No, just a change in the crypto ecosystem that could make BTC to be centralized if all BTC holder and investor sell their bag to BlackRock

I think that they're anticipating that when the price goes up, most of us are going to sell and they're going to buy all of those when we're done selling it.

Many don't want to miss this opportunity and likely gonna sell when ETF's effect is there and already approved.

Yes, but they are already buying as we speak even before the listing of iShares on Nasdaq if could remember correctly. Bitcoin investors just need to be clever and never sell their holdings to them.