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Topic: Blackrock ETF listed on the ticker index… perhaps it’s approved? - page 2. (Read 313 times)

member
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Merit: 49
Binance #Smart World Global Token


Right now, Bitcoin is on the upswing due to the excitement for the big possibility of ETF approval by SEC and there is no stopping people from accumulating more hence maybe things have become like a self-fulfilling prophecy and that is why maybe we are getting something like an advance news for the approval since it has become inevitable anyway. For the record, it is not approved yet as we are still waiting for the announcement from SEC so this is just a matter of excitement that can't be contained.
legendary
Activity: 2422
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Chancellor on brink of second bailout for banks
Imagine that it's only a ticker that's being listed, and look what's the price of Bitcoin right now.
It's surging, and now reaching the highs of $35,000 already. The first time we've seen it since May of 2022. Take note it's just a ticker symbol, and people are going like crazy, traders are trying to long the market to get short term profits.

Can you imagine what can happen if what we're waiting happened. When the Blackrock ETF will be accepted. It's only a ticker symbol, but it is a positive sign already. People are very optimistic currently, and as for me, this would be a perfect time to sell some Bitcoins if you have, and take profit unless you're a long term holder then I don't recommend it doing.

I will not be surprised if Bitcoin reaches $40,000 for the first time for a long time this year. This is what most investors are waiting for. A good news, but this isn't enough. A good news after a good news would be better. A series of good news would be the best one. Smiley As for me, I don't have Bitcoins to sell currently, so I'll just watch the market. Congratulations to those who took profit I guess. Smiley
sr. member
Activity: 626
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http://scientificcoin.com/
That explains massive today massive green candles
legendary
Activity: 3738
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I think the source that revealed that blackrock etf is approved was correct because he had some insider knowledge either working at the sec, clearing desk which added the ticker, or at blackrock. However they wanted to be anonymous.

So they leaked it but blackrock denied it right after and they obviously wouldn’t get this source to identify his real identity because he would lose his job or get sued for insider trading.

legendary
Activity: 2170
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The occurrence from fake news to bullish for approval is very head scratching. Was it only fake news or was it really a leak?
I mean, both can be true. The previous news could be fake and the one who shared the story is just lucky that his fake news has more weight now. I'm also surprised to see the rally this morning, at the very least this proves that people are very easy to get into fomo when there are some speculative changes on the market. Nothing wrong with securing their profits though, it is impossible to make money if you don't follow the market to begin with. CMIIW.
legendary
Activity: 2926
Merit: 1440
For the record, I am not saying it’s approved 100%. So consider this post mostly for entertainment purposes only. Don’t go 100x long on Bitcoin because I am not 100% sure it means it approved.

Basically if you go to

https://www.dtcc.com/products/cs/exchange_traded_funds_plain_new.php

And scroll down to IBTC you will find the Blackrock iShares ETF trust.

So I am guessing since it got an actual ticker…. Perhaps it’s approved.

Along with that false report last week and all this bidding on Coinbase spot it seems someone got this news early.



Agreed and for entertainment purposes, I reckon the Cointelegraph employee who shared the fake news that Blackrock's ETF was going to be approved will receive a bonus on the end of the month and a promotion in the company hehehehe.

The occurrence from fake news to bullish for approval is very head scratching. Was it only fake news or was it really a leak?
legendary
Activity: 4214
Merit: 4458
knowing there are many SEC applications. but only blackrock has ticker. is a sign of something. it doesnt reveal when. but a sign of whos first
hero member
Activity: 1302
Merit: 522
If bitcoin spot ETF is approved, it would be a breaking news. I do not think it is approved yet. But the day it would be approved is getting closer.

But maybe not . It will be nice to see us move to 35k and flow in the 35-38k range for a few months.
I am still accumulating  Grin. I do not have enough bag yet.


Bitcoin price now is above $32000.

Yes, this is the first thing that I did, check the price and it's magically jump to $32k, Lol.

So we will see, this news is obviously the one fueling this huge jump this October. And just imagine if it is really true (I haven't read that it's confirmed yet). But in any case, good to see bitcoin making a rally at the end of the year and proving once more that October is a great month for us.

The target of $40k-$50k at the end of the year is still on target.
hero member
Activity: 2254
Merit: 658
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One of my colleagues who is the founder of a crypto academy said and I quote his message to me.

"A possible fundamental catalyst would be the iShares Spot Bitcoin ETF getting a CUSIP. Also ETF Blackrock’s clearing to trade at NASDAQ. So basically, ETF NASDAQ is coming as well which could inject more liquidity".

Regarding the "clearing" word, it means they already have clearance in NASDAQ but haven't started due to not having a weekly volume inflow just yet. This isn't the Bitcoin ETF approval yet.

Now this is why the Bitcoin's price has slightly skyrocketed to as much as $34.2k before pulling back a bit to $33k quickly. I guess $34k would be the new possible resistance level or the Fair Value Gap.

But the real question is on how long would the Bitcoin bulls keep up in this price range? Time will tell but this would be an interesting week for us to see on where Bitcoin would go after this.
legendary
Activity: 2142
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Okay, so that's what caused the sudded spike and I've been surprised what's going on currently.
Price has been very decent for the last days (and could be in anticipation for Bicoins halving next year?), so next step here is ETF FOMO.  Cheesy



Wondering if it has anything to do with this news because that was posted hours ago and the pump happened about 30 mins back.
Probably it's all due to massive speculation.
No one wants to be missing the bus, when Bitcoin is going to take off.
We have seen it before - from 1k to 20k and from 10k to 65k - people, especially market experts or HODLers, know about it.
It's much better to get in at 30k than to get in at 40k...  Wink
legendary
Activity: 1512
Merit: 4795
Wondering if it has anything to do with this news because that was posted hours ago and the pump happened about 30 mins back.
Yes, it has something to do with the news, but no bitcoin spot ETF approval yet.
legendary
Activity: 3738
Merit: 1708
Moments ago we spiked to $35K on Coinbase and $36K on various perp bitcoin derivatives. We basically went from slightly below $30K to $35K in one day, a $5000 day. This type of day is extremely rare.

Wondering if it has anything to do with this news because that was posted hours ago and the pump happened about 30 mins back.
sr. member
Activity: 1372
Merit: 348
I think this is just some tactics for manipulation thinking that the ETF is more likely to be approved.  The fake news just happened and listing Blackrock ETF on the ticker index maybe also one of these kind of manipulation to further make Bitcoin price to surge.  There is no clear news about the approval of any on the list of ETF application although the some party on the congress is pushing SEC to  approve the spot ETF application.

Until news or a release of statement from SEC or the concerned party had been announced, then we can consider this ticker listing as possible way of early preparation for the possible approval of the ETF.  They can always remove it from the list if Blackrock ETF is not approved anyway.
legendary
Activity: 2240
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Anything hasn't been officially announced, but most likely there is a green signal of approval. Because Yahoo published a news story, BlackRock plans to seed its Spot Bitcoin ETF in October. So most likely, they are planning to buy Bitcoin, and the price start to go up. From some tweets and other sources, it seems the ticker add upon ETF approval. But I am wondering why there is still no official news or announcement.

Also Cointelegraph posted: BlackRock’s spot Bitcoin ETF now listed on Nasdaq trade clearing firm — Bloomberg analyst
legendary
Activity: 1484
Merit: 1355
Alright, so, after a closer reading, this doesn't necessarily guarantee that the ETF will launch this month. However, I have a hunch that it might happen next month or, at the very least, by the end of the year. Preparations are underway, apparently.
legendary
Activity: 1512
Merit: 4795
If bitcoin spot ETF is approved, it would be a breaking news. I do not think it is approved yet. But the day it would be approved is getting closer.

But maybe not . It will be nice to see us move to 35k and flow in the 35-38k range for a few months.
I am still accumulating  Grin. I do not have enough bag yet.


Bitcoin price now is above $32000.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
well maybe someone is lying to help push the rally up to 33k

But maybe not . It will be nice to see us move to 35k and flow in the 35-38k range for a few months.
legendary
Activity: 3738
Merit: 1708
For the record, I am not saying it’s approved 100%. So consider this post mostly for entertainment purposes only. Don’t go 100x long on Bitcoin because I am not 100% sure it means it approved.

Basically if you go to

https://www.dtcc.com/products/cs/exchange_traded_funds_plain_new.php

And scroll down to IBTC you will find the Blackrock iShares ETF trust.

So I am guessing since it got an actual ticker…. Perhaps it’s approved.

Along with that false report last week and all this bidding on Coinbase spot it seems someone got this news early.

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