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[Yugocean]

All 11 Applications of Spot Bitcoin ETF have been approved by the US SEC. Gary Gensler and two other members Pierce and Uyeda voted in favour, while two Democrat members Crenshaw and Lizzaraga opposed it, the approval was 3-2 majority.

Bitcoin Spot ETF and their Ticker -

1. Grayscale $GBTC
2. Hashdex $DEFI
3. Valkyrie $BRRR
4. Invesco Glaxy $BTCO
5. Wisdom Tree $BTCW
6. Franklin $EZBC
7. iShares (Blackrock) $IBIT
8. Fidelity $FBTC
9. VanEck $HODL
10. Ark 21 $ARKB
11. Bitwise $BITB

 

[Gen Evie]

Well everything has to have opposition party, if they were all in for the ETF it would seem there's something deep that's not out in the light, just still under the cover. ETF is something many crypto enthusiast have been waiting eagerly for and speculating it will bring about a hike in the price of btc and other cryptos..but the opposite happened..but hopefully it's bracing itself to come out in full glory.

 

[GoldenLady]

It is very interesting that Gary Gensler voted in favour of the ETF's given his popularity as a strong critic of cryptocurrency.

Ethereum ETFs are now the ones gaining popularity before the deadline for their approval on May. I feel it may be more easily approved because of this news.

 

[Yugocean]

Ethereum ETFs are now the ones gaining popularity before the deadline for their approval on May. I feel it may be more easily approved because of this news.

If I have a chance, I will HODL BTC instead of giving to ETF and pay their fees. In case of Ethereum, we are able to stake, noone actually needs ETF. So even Ethereum Maximallists are not taking it seriously.

 

[Gamer01]

Yes indeed holding btc is a much better option , it had netted investors about 155% in the last year so the ones that bought it and hold for the right amount of time are actually the ones who benefitted the most and that is why it is always good to make sure that you take action on such things in a proper manner always actually indeed to be honest .

 

[Yugocean]

BTC ETF beats Silver ETF
The BTC spot ETF has become second largest ETF in the US in few days of its launch. According to reports, silver ETFs are dropped from 2nd to 3rd place in the US market.

 

[Gamer01]

People are always mostly interested in gold and the low signs for silver based interest shows the same if we talk about the market everything is moving in a defined pattern that caj allow us always to take calculated moves according to the market indeed

 

[Yugocean]

The US Commodities Future Trading Commission (CFTC) Chairman Rostin Behnam recently expressed unhappiness with the approval of spot Bitcoin ETFs. CFTC considers Bitcoin as commodity.

 

[Gamer01]

Every person who is against the crypto has its stance and is always trying to make things bad for the market , but you can not actually blame them as such people are mostly trained to do so , they are just doing their normal job indeed actually to be honest .

 

[Ptrikha90]

The voting shows that the decision was quite close. Are all these ETFs out now?
I would be keen to know how these are doing so far.

 

[Ptrikha90]

The voting shows that the decision was quite close. Are all these ETFs out now?
I would be keen to know how these are doing so far.

Well, got this link with the appropriate information :


BTC ETFs

 

[Gamer01]

We will always have haters who will be mostly trying their best to block out the progress of crypto indeed such people only have one aim and that is to stop the growth of the crypto and related products in the markets easily and reliably.