With expectations high for a Bitcoin ETF approval, concerns over a potential “sell the news” scenario arise among market participants.
Regulatory and political concerns, including worries about market manipulation, privacy issues, and broader implications for other commodities.
Bitcoin’s remarkable surge in 2023, more than doubling its value, was significantly fueled by renewed interest in spot bitcoin exchange-traded funds (ETFs). The unexpected filing by BlackRock with the U.S. Securities and Exchange Commission (SEC) in June drew attention to the cryptocurrency, turning it into one of the top-performing assets of the year, with gains exceeding 100%.
As expectations rise for the approval of a Bitcoin ETF this week, possibly even today, market participants are considering the potential “sell the news” scenario, questioning whether the SEC will greenlight one or several of the numerous spot Bitcoin ETF applications. While a denial remains a possibility, the status quo of Bitc

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/bitcoin-etfs-the-bear-case-will-they-undermine-satoshis-vision-and-drive-prices-down-to-25000/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-etfs-the-bear-case-will-they-undermine-satoshis-vision-and-drive-prices-down-to-25000