Bitcoin ETF has been submitted to the SEC on various multiple occasions only to be denied, denied, and yup 🙅♀️ what so different about this time than the others you wondering?🤔
Multiple companies have tried to get the ETF approved with no success and just constantly denied! Companies or institutions like Winkle Voss Twins, Grayscale Investments, and I believe $Coinbase(COIN.US$ just to name a few.
Well this time a very well known name around the world that owns roughly what $9 trillion in assets around the entire world! A company I personally says owns the world itself and is part of “The Powers That Be” far beyond any illuminati or other well known secret societies people claim runs the world! None other than $Blackrock(BLK.US$! Well its more of a revised proposal one so to speak which will allow big shots “JP Morgan and Goldman Sachs to participate more easily in the King coin market , despite regulatory restrictions preventing them from holding Bitcoin directly”
The ticker symbol has already been established as ($IBIT) once approved so be on the lookout for it!
Anyways, thats why I beleive noy only the crypto world is confident and excited about its almost guaranteed approval but Big banks and your average joe invester as well! I fo beleive this decision has taken longer and is taken more serious by the SEC seeming I believe because they own the SEC!😳 Lmao Just kidding but hey you never know with the wotld and things rrvealed these days. If it makes sense it’s probably true era! haha
When is the approval coming?
Well research this can cause a BIT of confusion gor someone like me haha! Nah But there’s supposedly a multiple of approvals for the ETF starting early January, Bitwises approval deadline is dated on January 14th while the big one we are expecting is speculative in multiple articles on January 10th 2024 which if you dont own shares in a cryptocurrency or crypto related stock llike Bitcoin mining companies I suggest you get you some! Matter of a fact i say why wait probably cheaper now than a few days before approval! Why should someone want to buy Cryptos or relevance to it? FCKN MOMENTUM HYPE RALLYS they WILL EXPERIENCE AFTER DUH!!! Not only that but im holding mine until at least after $Bitcoin(BTC.CC$ halving projected in April! Whats the King Coin halving to anyone wondering? Well its an event that happens every 4 years where the mining of bitcoins cut in half! This creates scarcity fkr yhe coin not only that but theres only and will only be a total of circulating Bitcoin of 21 million total in the end of it all making it ever so more valuable by then IMO!
Bitcoins ETF approval hype has already rose since early October till now many companies share price considerably! Personally posted on these company feeds back in October telling people the rise that was coming. Companies like $Riot Platforms(RIOT.US$ $Marathon Digital(MARA.US$ $CleanSpark(CLSK.US$ and even $Coinbase(COIN.US$ to name a few i told about then!
Which brings me to well the reason i posted this in the first place! $Bit Brother(BETS.US$! Because as others like them have rose to the Bitcoin hype Poo Brother has went down creating a fear and disbelief in our investment here! ugh But why though? My thoughts? My opinion and from experience in a company with about the same amount of diluted shares which for bit is 600 million ffs causes them to spin wheels fall fast and rise extremely slow! What am I getting at? Well if bit brother wants to capitalize on this momentum and not “ spin it’s wheels” going nowhere they need less shares which an RS would help that happen! Otherwise i only see it rising a few cents not more than a dime! Itll do what all high ass free float companies do on high free floats and thats Spin its wheel!!! WE NEED AN RS BEFORE THIS EVENT!! Period
Anyways i was bored so did some refreshing on my old ETF approval research i did while back for my crypto group i run and thought id just share the info here cause i mean why not? Goodluck investing yall lets ride this Bitcoin Wave to financial freedom shall we? BTW if Etf is denied im bailing on all of it taking profits cause it will completely drop to possibly 20k again! frfr just saying
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One word of advice to achieve success in the market. “Patience” Don’t chase it, let it come to you. #diamondhand
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72931080 : Yo i appreciate that insight. I’m betting it all on crypto this coming year myself lol I know it gonna be some major moves going on I got my bitcoin miners set up and I got mining pools set up and I got this fresh 12k $Bit Brother (BETS.US)$ at .006 so I’m just tryna ride a wave and get off at a couple bands of possible 25-30 good for me for a fresh recoup lol
FiReBiTriXiEOP 72931080: Hey NP people ask why I do posts like this or even my tarot reading posts for free and well because they look at it differently than I. They may see it as work or giving peeps free tips as I look at it as personal knowledge or like some sorta educational gain and seeming I’m not a expert or even any kinda financial advisor I definitely wouldn’t charge for it! Lol And I always say if someone gained off anything I ever posted whether it’s an educational, informational, or financial gain and just felt they had to get me back for it please pay it forward by helping the needy, less fortunate, and even tho I hate kids especially please help a needy or handicapped child personally or by donating to a handicapped children’s network! That would for sure pay me personally in full by blessing any of those individuals named above! Blessed be!
KingNY-Life : That's right, the world needs a supercurrency to store the wealth of certain organizations. The current monetary policy is to continuously print money, depreciate, and shrink in wealth. The future world currency must be decentralized, private, secure, fair and just, and a true civilized society.
102261741 : sudden big vol into btc
72931080 FiReBiTriXiEOP: Most definitely will pay it forward I feel exactly where you coming from. Keep doing you
Hermes24 FiReBiTriXiEOP: I like reading your insights. keep doing it. you're an inspiration.