Spot Bitcoin ETF is here? Do not be so sure.
A few days ago I responded to a post about the promising Bitcon spot ETFs that I wasn't betting on them anytime soon. The curious thing is that the almost unanimous opinion was that its approval by the FED would be immediate or at least in the first quarter of the year.
This made me think about doing an article on this topic. Today I noticed a Bitwise survey of financial advisors in the United States that has an opinion more similar to mine. It is not clear to them that the FED is going to approve them so soon.
My opinion is based on the fact that there is no legal problem to approve an ETF either now or before. What has changed in the last year? The answer is nothing. So it is a political problem and things can change here but I don't see that it is a very appropriate time for the administration to take risks.
On the other hand, it seems that the general opinion is that I am going to make Bitcon rise to heaven. I wouldn't be so sure about that. Regulated markets don't really like the fact that volatility can create legal problems for them. So the caregivers will do everything possible to ensure that there is no 10x.
I think a spot Bitcoin ETF also has some technical problems but I'll leave that for another article. Have a good weekend friends.
https://images.ecency.com/p/2gsjgna1uruvGBHDnRaj2z6FsL6XEQR3pnqa26GnVs8KdKzByp37XW4D9cdmAMZ8b6bRXpsn3CjWTs8GwCHQzC16Ybj3cWqZpA7bhXUt2SWzWjdW1t.webp?format=webp&mode=fit
Image source: @hive-140084
If you like draws and you like to receive dividends, the token that has everything "SORT" has arrived.
Perpetual lottery ticket that distributes dividends 1 Ticket for every 10 Sort Tokens Gives the right to participate in multiple raffles without the need to sign up.
You can purchase your Sort tokens here:
https://hive-engine.com/trade/SORT
I think the hype on such a thing is ridiculous. Those who are in crypto came because it is supposed to be decentralized, did they not? So WHY are they in such a hurry to have centralization regulation. Are we that clueless?
Yes, you are very right, but greed is greed and the authorities will do everything possible to not lose control of the finances.
!hiqvote
!DHEDGE
@lasort, the HiQ Smart Bot has recognized your request (1/1) and will start the voting trail.
In addition, @yeckingo1 gets !WEED from @hiq.redaktion.
For further questions, check out https://hiq-hive.com or join our Discord. And don't forget to vote HiQs fucking Witness! 😻
This post has been selected for upvote from our token accounts by @lasort! Based on your tags you received upvotes from the following account(s):
- @dhedge.bonus
- @dhedge.leo
- @dhedge.bee
- @dhedge.ctp
- @dhedge.pob
- @dhedge.cent
- @dhedge.neoxag
- @dhedge.waiv
@lasort has 0 vote calls left today.
Hold 10 or more DHEDGE to unlock daily dividends. Hold 100 or more DHEDGE to unlock thread votes. Calling in our curation accounts currently has a minimum holding requirement of 100 DHEDGE. The more DHEDGE you hold, the higher upvote you can call in. Buy DHEDGE on Tribaldex or earn some daily by joining one of our many delegation pools at app.dhedge.cc.
@yeckingo1!
@hiq.smartbot passed you the virtual joint!If you do not want to receive these comments, please reply with !STOP
!ALIVE
!BBH 👍
@yeckingo1! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @hivecurious. (7/20)
@yeckingo1! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hivecurious. (6/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Yay! 🤗
Your content has been boosted with Ecency Points, by @yeckingo1.
Use Ecency daily to boost your growth on platform!