Andrew Tate Says His Brain Is 'Estimating' Approval Of Bitcoin ETF By SEC
Portfolio Pulse from Mehab Qureshi
Social media influencer Andrew Tate is awaiting the SEC's decision on the approval of a Bitcoin ETF. Several entities are competing for a spot in the Bitcoin ETF space, including Grayscale Bitcoin Trust, Ark/21 Shares Bitcoin Trust, Bitwise Bitcoin ETF Trust, BlackRock Bitcoin ETF Trust, VanEck Bitcoin Trust, WisdomTree Bitcoin Trust, Valkyrie Bitcoin Fund, Invesco Galaxy Bitcoin ETF, and Fidelity Wise Origin Bitcoin Trust. The SEC has delayed its decision until October. Advocates believe a Bitcoin ETF would simplify retail participation in the Bitcoin market.
September 04, 2023 | 10:45 am
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The SEC's decision on the approval of a Bitcoin ETF could impact the price of Bitcoin. A positive decision could simplify retail participation in the Bitcoin market, potentially driving up the price.
The SEC's decision on the approval of a Bitcoin ETF is highly relevant to the price of Bitcoin. If approved, it could simplify retail participation in the Bitcoin market, potentially driving up demand and price. However, the decision has been delayed until October, creating uncertainty.
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IMPORTANCE 80
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