🚀ETF Week

It only took 10 years, a lawsuit won on appeal and financial giants like BlackRock and Fidelity getting involved for the SEC to finally admit defeat and approve a Bitcoin Spot ETF. Of course by now we know that little concerning crypto happens without drama. On Tuesday, Hackers took over the X/Twitter account of the SEC and announced that the ETF was approved. The statement was quickly retracted by the SEC only for the approval to be eventually announced on Wednesday. On Thursday at NASDAQ market opening, Blackrock will ring the bell to officially announce the listing of its ETF product IShares Bitcoin Trust. 10 other ETF providers including Grayscale and VanEck are launching at the same time. Interestingly, the market reacted similarly to both the 'fake' announcement and the actual announcement: Bitcoin rallied, Ethereum rallied even more. Volatility is running wild so by the time you are reading this, markets might have once again turned up, down or side-ways.


This email was sent

Is this your brand on Milled? Claim it.





Â
Â

Sent to: -

Unsubscribe

Coinrule Limited, 1 Coldbath Square, London, EC1R 5HL, United Kingdom

Are you sure?

Lists help you organize the brands that you care about. Your lists are private to you.