US SEC accepts six spot bitcoin ETF proposals for review Hannah Lang - Reuters The U.S. Securities and Exchange Commission (SEC) has accepted applications to create spot bitcoin exchange-traded funds from six firms including BlackRock (BLK.N) for review, the first step in the agency's process for deciding whether or not to approve the latest round of proposals. The SEC also formally acknowledged applications from Bitwise, VanEck, WisdomTree (WT.N), Fidelity and Invesco (IVZ.N) for similar spot bitcoin ETFs, with those proposals appearing on the Federal Register Tuesday and Wednesday. /jlne.ws/3DhNJQG
BTC derivatives are simply unpopular. After many years, BTC futures from CME daily volume 8K / day only! Micro BTC futures from CME daily volume 8K / day only! CBOE gave up offering BTC futures due to poor business.
CBOE will be restarting them and has been approved for a physically settled contract. Will they trade?
Dude, please be informed on who's in-charge. The US regulators whores are working overtime per the orders from this asshole
If there is one reason why I worry about crypto blue-chips going under... it's when Fink starts preaching how great it is. God help us... the hench-man behind woke ESG pimping is coming.
It's perfectly clear that Fink has some very different motivations to hype cryptos. Nothing of what he said is proven, factual, or logical. Wishful thinking, perhaps. Yet he seems extremely invested and enthusiastic. That's one of the conundrums I struggle with: why are guys like him so extremely invested? What do they stand to gain? Because there is something this guy is not telling anyone.
EURO worked so a Global currency should work! in fact in some Asian countries USD is a de facto "Local Global" currency ... but the crux of the matter is unless such a global currency is supported by various nations it is not going to happen... but hey somebody here says BTC is not a currency! now my brain is Fxxxx
Bitcoin and cryptos are a global and internet currency now, but unofficially That is the point. It functions as a currency right now without any centralized entity announcement. El Salvador has made bitcoin legal tender, officially I paid my TradingView subscription with bitcoin, and my ExpressVPN subscription with bitcoin and where I'm at, I can use a bitcoin lightning wallet in over 1,000 stores, restaurants and brick and mortars to pay using bitcoin Fink knows all of these, which is why he can say it with confidence. Bitcoin and cryptos are functioning as a global currency And bitcoin and cryptos don't have to ask nobody for permission But you are waiting on your government officials to give you the ok, first, just like when they told you how to wipe your ass...
Cognitive dissonance Fink has access to all the economic data, financial numbers, corporate state of affairs, inside government data, loan status, consumer credit, government debt, bank health My guess is that Fink can see that there will be a major financial crisis within the next 2 years much bigger than the GFC Bailouts, and possibly bail ins And bitcoin price will shoot up to over $500k within the next 2 years Blackrock needs the money to accumulate as much bitcoins as possible... and will use opm... normies' money. It's a good deal, the bitcoin etf buyers cannot withdraw to local wallets. suckers