ETF is Approved.
SEC approves Bitcoin ETF.
With the news it announced, the SEC announced that ETFs were officially approved (Real apprroved not hack), and this was a historical moment for BTC. After it 22-page statement, it eliminated the question of whether this event, which had been eagerly awaited for days, would be approved, postponed, or rejected.
Due to the fake news made after the Twitter hack that took place yesterday, people made fun of this situation and funny images emerged. Gary Gensler later made a statement and mentioned that the account was hacked.
However, the BTC price responded with a decrease after this news. While the bitcoin price was hovering around $46500 before the news, it dropped to $44800. As of now, it is moving at $45800.
Update : Before publishing this post, news came that the PDF file showing the SEC's approval of the ETF had been deleted.
https://www.sec.gov/files/rules/sro/nysearca/2024/fg-89shlq.pdf
Tonight is going to be a very different night. The hack attack that happened yesterday and the events happening now are quite strange. We will see together what kind of situation this situation will reveal for Bitcoin and other coins. I recommend you stay away from futures trading.
