Finally, the SEC announced its decision, and investors were eagerly awaiting the SEC’s decision on Ark&21Shares’ application. We’ve seen fraudulently certified ETFs shock markets twice. We experienced the end of these about 24 hours ago. But in a third, last-minute announcement, the SEC made its decision official.
Spot Bitcoin ETF Decision
A few months ago, Cointelegraph incorrectly reported that a spot Bitcoin ETF had been approved. This was the first major turmoil and BTC price rose to $30,000 before falling rapidly. The second fake announcement was made about 24 hours ago on the SEC’s official X (Twitter) account. Investors assumed and believed that US government agency X accounts would not be mistakenly submitted for approval at such a critical time.
January 10 was the deadline for the SEC to decide on Ark&21Shares’ application for a Spot Bitcoin ETF. Investors have been waiting for this moment for months and weeks and have been deceived by fake news. Investors have been waiting sleeplessly for the last few days, preparing their bots and macros to catch any bullish move in the blink of an eye.
The SEC has finally made a decision regarding Spot Bitcoin ETFs. Spot Bitcoin ETF approved.
