Looks like the Fidelity BTC ETF is now listed on the DTCC also as FBTC. I know there is some chance this doesn’t mean anything but it’s pretty positive that they listed it.
Seems everyday now we are having some type of etf news. I heard that the odds now are 99% that it’s approved by January 10th or so.
Should be an interesting month.
Topic: Blackrock ETF listed on the ticker index… perhaps it’s approved? (Read 445 times)
November 01, 2023, 05:07:24 AM
It is still a show off to me, and this doesn't mean it won't be approved because it's looking like a reality in coming months but I still don't want it to get approved fast because I am not done accumulating yet.
In short I even want this bear market to stay for few more months into 2024, because all my focus was after April to May of 2024, hopefully my dream comes true and for those that want their bags to pump so fast do not be in haste, a long bearish market is far more healthy on the long run.
I am now wondering what will happen between Black Rock and SEC, it do look like Black Rock can defeat SEC this time and also it's not just Black Rock only, there are many other companies filing for a ETF approval, it's looking promising so far but I hope they slow it down.
In short I even want this bear market to stay for few more months into 2024, because all my focus was after April to May of 2024, hopefully my dream comes true and for those that want their bags to pump so fast do not be in haste, a long bearish market is far more healthy on the long run.
I am now wondering what will happen between Black Rock and SEC, it do look like Black Rock can defeat SEC this time and also it's not just Black Rock only, there are many other companies filing for a ETF approval, it's looking promising so far but I hope they slow it down.
November 01, 2023, 03:40:17 AM
Looks like another bitcoin etf was just added to the DTCC, this one is BTCO and it’s for the Investco Galaxy Bitcoin ETF.
Again have no idea what this means since apparently the other one was listed since August and after this one was added a few hours back there was no pump.
So this I guess means that these don’t really mean much until an actual approval.
Again have no idea what this means since apparently the other one was listed since August and after this one was added a few hours back there was no pump.
So this I guess means that these don’t really mean much until an actual approval.
I don't believe that blackrock's IBTC has been listed since August as they claimed, if it is really listed on DCTT since August then surely someone knows about this, I don't believe what they say. Not only was BTCO just listed, but a few days after IBTC was listed, ARKInvest's ETFs were also listed.
As far as I know, the fact that these ETFs are listed on DCTT does not mean that the approval of the ETFs will definitely be successful. That just shows things are going better and approval is more likely.
October 31, 2023, 11:18:56 PM
Looks like another bitcoin etf was just added to the DTCC, this one is BTCO and it’s for the Investco Galaxy Bitcoin ETF.
Again have no idea what this means since apparently the other one was listed since August and after this one was added a few hours back there was no pump.
So this I guess means that these don’t really mean much until an actual approval.
Again have no idea what this means since apparently the other one was listed since August and after this one was added a few hours back there was no pump.
So this I guess means that these don’t really mean much until an actual approval.
October 25, 2023, 02:30:34 AM
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.
It is another attempt to heat the market up with early news for Bitcoin Spot ETF approval in the USA. There is no approval for Bitcoin Spot ETF in the USA. and the ticker iBTC is only if that application is approved.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.
When it will be approved? We don't know.
Will it be approved? We don't know too.
Good news recently is from Hester Pierce, one of SEC staffs under Gensler. She said she is a supporter of Bitcoin and she believes Bitcoin Spot ETF should be approved according to current active laws and regulations. Rejection is only because of Gensler, the SEC chair and if he changes his mind or there is another member votes Yes for Bitcoin Spot ETF, it will be approved.
After repeatedly rejecting ETF applications without reason, the SEC itself was warned by the judge that if it continues to reject ETF without reason, Gary would be punished. The warning came as the SEC lost its case against Grayscale.
We don't know when they will approve the ETF proposal, but approval is almost certain to happen in the near future. I'm bullish on the ETF and I think everything is done, but this is not the right time for them to be announcing it. Because once the official news is released, the market will have positive reactions and bull season is inevitable. The SEC and the sharks are just waiting for the right time for things to become more perfect, the halving could be the right time.
October 25, 2023, 02:09:12 AM
I forsee people acknowledging that the Blackrock ETF application will be approved. While this might be a fate yet to be decided on, SEC is not relenting on its measures to strangle the processes that will lead to these companies bring Bitcoin to the world of investors on a global scale. The SEC knows that, if Bitcoin goes mainstream, their control wouldn't be as circumspect as it used to be, meaning that financials wouldn't be in their favor anymore.
Knowing this, the SEC is out to do whatever is within its power to shut down the ETF applications.
Knowing this, the SEC is out to do whatever is within its power to shut down the ETF applications.
October 25, 2023, 12:35:25 AM
Why would they add a ticker if their application is still pending approval? This might anger the SEC and they might deny their approval... based on that. So the only logical answer is that it was approved and that they are preparing their platform for the rush, after it has been announced. 
It seems as though the price spike will be priced in, before the announcement are made... so we should not expect too much fireworks by the time it happens. (The early birds are catching all the worms)
It seems as though the price spike will be priced in, before the announcement are made... so we should not expect too much fireworks by the time it happens. (The early birds are catching all the worms)
October 24, 2023, 09:42:36 PM
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.
It is another attempt to heat the market up with early news for Bitcoin Spot ETF approval in the USA. There is no approval for Bitcoin Spot ETF in the USA. and the ticker iBTC is only if that application is approved.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.
When it will be approved? We don't know.
Will it be approved? We don't know too.
Good news recently is from Hester Pierce, one of SEC staffs under Gensler. She said she is a supporter of Bitcoin and she believes Bitcoin Spot ETF should be approved according to current active laws and regulations. Rejection is only because of Gensler, the SEC chair and if he changes his mind or there is another member votes Yes for Bitcoin Spot ETF, it will be approved.
October 24, 2023, 09:10:09 PM
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.It is head shaking because why would Cointelegraph share a news update if they knew it was fake? They could have a lawsuit charged against them if they did this which they also knew will certainly pump the market. I am beginning to speculate that it might be a leak, however, the next ETF scheduled for approval is Global X which makes the leak another head shaking occurrence.
They didn't know it was false. Had they known, they wouldn't have posted that message. Nobody's expecting so much from Cointelegraph, but it was a simple case of write first confirm later, something not completely uncommon even in mainstream media They probably wanted to be the first to break the news to everybody. And they did it even if they only got the rumor from an unreliable source. Later on, and after confirming from BlackRock itself, they issued an apology that what they earlier posted was fake news.
October 24, 2023, 08:33:48 PM
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.It is head shaking because why would Cointelegraph share a news update if they knew it was fake? They could have a lawsuit charged against them if they did this which they also knew will certainly pump the market. I am beginning to speculate that it might be a leak, however, the next ETF scheduled for approval is Global X which makes the leak another head shaking occurrence.
October 24, 2023, 04:45:28 PM
It's not manipulation.
How much bitcoin can you buy? How much can newcomers buy right now? If someone hears about the acceptance of an ETF and buys some bitcoin it's not going to be a 100 thousand dollars of bitcoin.
It's more likely going to be 10 thousand or less.
What we're witnessing here is people investing hundreds of millions into bitcoin in one week.
A manipulation can only get you half way with some leveraged trades liquidated but then for it to keep going you need real money coming in. Big money!
You're saying it wasn't removed but was.
How much bitcoin can you buy? How much can newcomers buy right now? If someone hears about the acceptance of an ETF and buys some bitcoin it's not going to be a 100 thousand dollars of bitcoin.
It's more likely going to be 10 thousand or less.
What we're witnessing here is people investing hundreds of millions into bitcoin in one week.
A manipulation can only get you half way with some leveraged trades liquidated but then for it to keep going you need real money coming in. Big money!
It was reveal in this new thread that the ticker is not removed on the DTCC website. Whatever the reason why it was removed,
You're saying it wasn't removed but was.
October 24, 2023, 04:33:16 PM
It looks like this action of ETF listing is a manipulative action to stir the gear of people emotion into an optimistic market. It was reveal in this new thread: ETF $IBTC REMOVED IN DTCC WEBSITE!! MANIPULATION COMING OUT? that the ticker is not removed on the DTCC website. Whatever the reason why it was removed, the action of listing the Blackrock ETF is to bring more fuel to the hyped brought by the fake news fueling the positive sentiment of the Bitcoin market to FOMO. With this I think there will be more make belief and lies ahead in order to create a temporary bullish market run, what worries me is the possible bull trap that lies ahead.
October 24, 2023, 12:59:11 PM
So why is this spot etf exactly important? We already got the cash settled futures etf back in 2021. Can’t pension funds and institutions invest in that ? Sure the fees are a little higher but they aren’t that much compared to say GBTC yearly fees.
Just trying to understand why this spot etf is so important. I know it will be real bitcoins instead of the derivatives. But why don’t all these pension funds just pay the cash settled etf? Are they not allowed to invest in cash settled etfs like oil? Maybe someone can chime in.
It is important for institutional investors who don't want to store their coins and their keys themselves, and take note that with spot etf's you don't get 'real BTC' because you don't hold BTC in your wallet, but you invest in BTC through the etf, but based on BTC's spot price, i think that is the reason investors prefer BTC spot etf to futures etf that has to do with BTC futures contract.Just trying to understand why this spot etf is so important. I know it will be real bitcoins instead of the derivatives. But why don’t all these pension funds just pay the cash settled etf? Are they not allowed to invest in cash settled etfs like oil? Maybe someone can chime in.
So, for a lot of people BTC spot etf's would be more attractive to investors in the U.S. market than futures etf's and right now too many people already think an approval is a matter of when and not if, so if true, we would soon find out how the market will react.
October 24, 2023, 12:24:31 PM
Looks like we broke it! The DTCC website is now showing Error code 525, and has been for the past few hours already.
(https://www.dtcc.com/products/cs/exchange_traded_funds_plain_new.php)
They probably did not expect such a massive surge in web traffic on their server all at once.
(https://www.dtcc.com/products/cs/exchange_traded_funds_plain_new.php)
They probably did not expect such a massive surge in web traffic on their server all at once.
October 24, 2023, 10:03:10 AM
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.
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.
It's obvious now that there are many attempts on pushing the market sentiment to the favour of both the long and short time investors with what is going on now, this seems a planned work since BlackRock themselves denied the experience on the approval of their spot ETF application, but how and why they were enlisted became a mystery to many of us, many this was the only occasions to now conclude on the pump market recently experienced because of the breaking news, let's see what comes up in subsequent days, but this high has already been achieved and bitcoin is over $34,000
October 24, 2023, 09:55:48 AM
So why is this spot etf exactly important? We already got the cash settled futures etf back in 2021. Can’t pension funds and institutions invest in that ? Sure the fees are a little higher but they aren’t that much compared to say GBTC yearly fees.
Just trying to understand why this spot etf is so important. I know it will be real bitcoins instead of the derivatives. But why don’t all these pension funds just pay the cash settled etf? Are they not allowed to invest in cash settled etfs like oil? Maybe someone can chime in.
Just trying to understand why this spot etf is so important. I know it will be real bitcoins instead of the derivatives. But why don’t all these pension funds just pay the cash settled etf? Are they not allowed to invest in cash settled etfs like oil? Maybe someone can chime in.
1. Futures ETFs have huge rollover fees.
2. They track the price of the asset very poorly.
3. They are insanely complicated to understand and manage for the average investor, putting them beyond the reach of retail investors.
I can't think of anything good to say about futures ETF. I think they are a scam.
Yes I understand the rollover fees when the old contract expires and they need to roll into the new contract. So I decided to dig a little and compare the price when bitcoin etf went live 2 years ago and compare it to today.
At first it seems you would lose 10% by comparing the prices, however they actually pay a dividend and when you add the dividend and compare the price you are out about 1.5-2.0%. This is after management fees so about 1% a year.
I don’t think this is that bad. Especially for something that can easily double triple in the next decade, nobody will seem to mind the small average 1% fee.
October 24, 2023, 12:30:59 AM
So why is this spot etf exactly important? We already got the cash settled futures etf back in 2021. Can’t pension funds and institutions invest in that ? Sure the fees are a little higher but they aren’t that much compared to say GBTC yearly fees.
Just trying to understand why this spot etf is so important. I know it will be real bitcoins instead of the derivatives. But why don’t all these pension funds just pay the cash settled etf? Are they not allowed to invest in cash settled etfs like oil? Maybe someone can chime in.
Just trying to understand why this spot etf is so important. I know it will be real bitcoins instead of the derivatives. But why don’t all these pension funds just pay the cash settled etf? Are they not allowed to invest in cash settled etfs like oil? Maybe someone can chime in.
1. Futures ETFs have huge rollover fees.
2. They track the price of the asset very poorly.
3. They are insanely complicated to understand and manage for the average investor, putting them beyond the reach of retail investors.
I can't think of anything good to say about futures ETF. I think they are a scam.
October 23, 2023, 11:56:45 PM
So why is this spot etf exactly important? We already got the cash settled futures etf back in 2021. Can’t pension funds and institutions invest in that ? Sure the fees are a little higher but they aren’t that much compared to say GBTC yearly fees.
Just trying to understand why this spot etf is so important. I know it will be real bitcoins instead of the derivatives. But why don’t all these pension funds just pay the cash settled etf? Are they not allowed to invest in cash settled etfs like oil? Maybe someone can chime in.
Just trying to understand why this spot etf is so important. I know it will be real bitcoins instead of the derivatives. But why don’t all these pension funds just pay the cash settled etf? Are they not allowed to invest in cash settled etfs like oil? Maybe someone can chime in.
October 23, 2023, 10:59:14 PM
What is happening here is that "buy on the rumor and sell on the news", which is so often said in the stock market. People want to buy before the actual approval is announced because they are hearing bells ringing that it won't be long now. Let's hope this is the beginning of FOMO.
October 23, 2023, 10:27:43 PM
I also just read this news tomorrow morning, IBTC being listed on DTCC is part of the ETF approval process. This does not mean the ETF has been approved, but it is a good sign and it is only a matter of time before the ETF is approved. I think the market is overreacting to this news, if someone were to check the bitcoin price right now there would be a frenzy because the ETF hasn't actually been approved yet. But this shows that market interest in the ETF is so strong that if it is approved before the halving, it could trigger a bull season without the halving.
October 23, 2023, 10:18:24 PM
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.
October 23, 2023, 10:10:11 PM
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.
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.
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.
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. October 23, 2023, 09:58:20 PM
That explains massive today massive green candles
October 23, 2023, 09:54:39 PM
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.
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.
October 23, 2023, 09:44:35 PM
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. October 23, 2023, 09:27:04 PM
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.
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?
October 23, 2023, 07:05:17 PM
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
October 23, 2023, 06:44:39 PM
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.
. I do not have enough bag yet.
Bitcoin price now is above $32000.
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 . 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.
October 23, 2023, 06:36:37 PM
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.
"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.
October 23, 2023, 06:29:53 PM
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.
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...
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.
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...
October 23, 2023, 06:24:20 PM
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. October 23, 2023, 06:16:24 PM
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.
Wondering if it has anything to do with this news because that was posted hours ago and the pump happened about 30 mins back.
October 23, 2023, 05:37:17 PM
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.
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.
October 23, 2023, 05:35:17 PM
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
Also Cointelegraph posted: BlackRock’s spot Bitcoin ETF now listed on Nasdaq trade clearing firm — Bloomberg analyst
October 23, 2023, 05:34:01 PM
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.
October 23, 2023, 05:27:04 PM
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.
. I do not have enough bag yet.
Bitcoin price now is above $32000.
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 . I do not have enough bag yet.Bitcoin price now is above $32000.
October 23, 2023, 04:58:59 PM
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.
But maybe not . It will be nice to see us move to 35k and flow in the 35-38k range for a few months.
October 23, 2023, 03:52:17 PM
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.
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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