Edit: I should probably add that there’s always a possibility that BlackRock has a trick up their sleeve. Make all these headlines about the ETF to garner excitement, then get it purposely denied just to get people to panic sell. Bitcoins gone up in price these past few months because of the ETF speculation, people buying bitcoin in hopes that this etf gets approved so they can get rich. I do believe the etf will get approved and I hope it’s this week! But this is just a PSA for the people that are planning on selling upon denial. I just really don’t like the idea that blackrock buying up all the bitcoin at a fraction of the cost.
https://www.youtube.com/live/3tLFUEBqTDU?si=e8FgHnYfcyYDTirP
submitted by /u/CriticalComplaint677
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Source and link to Reddit topic: Don’t panic sell, IF this bitcoin etf gets denied.
Author: Reddit.com
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