🚀 How should traders position themselves in the uncertain Bitcoin ETF approval period?
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How should traders position themselves in the uncertain Bitcoin ETF approval period?
👇 1) We are just ten days from a potential US-listed Bitcoin Spot ETF approval or denial period (Jan 8-10). Crypto investors are getting nervous. We have received many questions on how to position ourselves, as there is no guarantee that the SEC will approve ETFs after almost ten years from the first filing.
👇 2) The heavy-weight investment advisors from BlackRock and others have assured crypto investors that approval would be near. The frequent meetings between those ETF issuers and the SEC and the subsequent refiling of their amended applications indicate a constructive dialogue. The demands from the SEC have been met in various forms, even when they were not in the applicants’ best interest.
