Last night, the Matrixport, a crypto media, published an article describing the odds to be rejected spot BTC ETF(Exchange-Traded Fund)s applications by the SEC(Securities Exchange and Commission). Then, the BTC price collapsed to $40.5k, and it recovered to $43k. Yeah.. it was terrible last night 😨 I couldn't sleep well 😰
By the way, do you know who's behind the Matrixport? The co-founder of the Matrixport is Ji-han Wu who is a Chinese giant in the crypto world 🤔
He founded the Bitmain that is an ASIC manufacturing company listed on NASDAQ, and lead the hard fork of BCH(Bitcoin Cash) due to the block size war.
Anyways, it's not yet happening approvals of spot BTC ETFs applications. 6 days left until the deadline of making decisions of them. Stay diamond hands 💎🙌
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i want to cry
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I know that there will be a lot of news regarding the BTC ETF approval & my hopes are still high that it would be approved. Cos I'm one of the ardent holder of it on Bitget.
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