Re: Another attempt at Bitcoin ETF..You knew it was coming once BTC raised above ATH
That is the one I was referring too @rohang
You might also remember him as the one with the now famous line from a tweet awhile ago too:
https://www.reddit.com/r/Bitcoin/comments/60xi1i/jihan_wu_cofounder_of_bitmain_studied_economics
the tweet had since been deleted from which it was posted in 2017
https://twitter.com/jihanwu/status/731902686379933697
I don't trust this man.
Also Wu wiped out his engagement in any report from his company Matrixport by saying that the company has many departments and many staffs who are responsible for collecting information, writing reports. He is not responsible for it and not engaged in approvals of those reports before publishing.
I don't even think his partner Mr. Ver fully trusted him either. And Mr. Wright, well, let's just keep this thread on topic shall we?
Yes @tread93 most certainly to the fullest extent would be agreeing with you on this statement you had pointed out! And the cryptocurrency environment has most certainly changed since this very thread had been created as I might point out aswell.
Here is the latest news about the fee structure they intend to imply once the approval process has been concluded. Some say as soon as tomorrow which was the next deadline many are hoping to close this journey towards institutional adoption of bitcoin:
Source from Reuters: https://www.reuters.com/technology/companies-disclose-expected-fees-spot-bitcoin-etfs-ahead-sec-decision-2024-01-08