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Bitcoin Is Soaring on Rumors SEC Will Approve BTC ETF in Two Weeks – Decrypt

Bitcoin Is Soaring on Rumors SEC Will Approve BTC ETF in Two Weeks – Decrypt



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17 Comments

  1. This is FUD.

    When Bitcoin goes up these piece of shit disinformation terrorists want to relate the price going up with some event even if the event is not responsible for shit.

    No one knows what’s the sentiment that is pushing Bitcoin up at the moment. Don’t fall for this shit. Nothing extraordinary happened for it to climb up so fast, it could just be an organic growth. Nothing news-related.

  2. Individuals should **buy actual Bitcoins** (not alt-coins, GBTC, ETFs, paypal, robinhood, etc), then send their Bitcoins to their own (hardware) wallets.

    “*Not your keys, not your Bitcoins*.” — Antonopoulos

  3. tldr; The price of Bitcoin is up over 8% in the past 24 hours. Some are putting it down to an imminent Bitcoin ETF approval from the US Securities and Exchange Commission. The SEC has repeatedly rejected applications for the product, citing concerns over price manipulation in the crypto market. At least 13 high-profile companies have applied to launch a Bitcoin ETF.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  4. Why would the price of Bitcoin be affected by yet another ETF just because it is located in the US? My opinion is that no one will care that a 6th or 7th ETF option is now available.

What do you think?

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