Few hours ago, the BTC price surged! I tried to figure it out what's the reason. iShares BTC spot ETF by BlackRock investment firm is listed on DTCC(the Depository Trust Clearing Corporation). The ticker is IBTC.
I didn't understand what it means. Bloomberg analyst said that
the addition was “all part of the process” of a crypto ETF being listed and traded and a positive sign for SEC approval.
Right, it's a good signal for approvals of BTC spot ETFs. I think it would be good to surf 🏄♂️ for the time being. Someday, tsunami called in recession will be coming, and most assets' charts would be collapsing first. Then, real economy will be impacted.
What I wanna say is since we can't make sure when the next recession will come, therefore enjoy waves before ebb by tsunami.
Upvoted! Thank you for supporting witness @jswit.
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I love cryptocurrencies
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