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Is A Bitcoin ETF Finally Here? | VanEck & SolidX Launch ETF To Institutions Through SEC Exemption

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Is A Bitcoin ETF Finally Here? | VanEck & SolidX Launch ETF To Institutions Through SEC Exemption

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23 Comments

  1. 🧡💛💚💙 S&P500 not going to crash… everyone expects 50-70% drop… Fed will print money and drop rates…. The U.S. Dollar will be worth less and Gold/BTC will rise. 🧡💛💚💙

  2. I follow wall street select gurus/research etc pricked my ears up 10mnths ago vaneck solidx will bring out their own ETF. Its happening👍 Although an etf wont necessarily be the cause for btc shootin up in price. Going from hard to buy, to easy to buy will be a main factor.

  3. This non-news (VanYuck ETF) is not reflected in the price because the vast majority of the crypto faithful could care less.

  4. Either you're click-baiting or worse… The SEC is clickbaiting us. Seriously… I stop caring… no literally like a year ago.

  5. Why do folks in bitcoin want ETFS and future contracts? We already have our asset. We don't need institutions for bitcoin to grow. If you don't believe me, go read bitcoin white paper.

  6. I don't think the VanEck development is a big deal. Greyscale already has brought GBTC to market which sounds like virtually the same thing, an Exchange Trade Note (ETN). What competitive advantage does VanEck bring? Good friend r competition that hopefully will decrease the high premiums.

  7. Looks promising but I'm not investing a single cent until the Sh$tcoins come out of their bear market. BTC dominance is in a very, very obvious uptrend and we just broke over 70%. Who knows how high it goes…could go to 90% which would annihilate the alts.

  8. I don't think this is worthy news. I think china is pumping btc since as their currency is devaluing more the price of btc is rising higher. Not sure what this means but I would be careful here to throw a long in a leverage trade. It looks to me like price manipulation just like the last rally to 11k.

  9. I don't think it can go much lower than $9000, it screws up the median value for the year, because it spent so many months in the $6000 range. Next year it has to reach an average value of $12,400 to cover our energy costs of mining, but this year it only had to stay around $6200 to remain profitable, so from $6K it must go to around $24,800 then come back down to settle around $12,400 because the most important thing about the price of a Bitcoin is how much it costs for me to create one for you to use. FOMO causes the price of Bitcoin to go well above double, approaching nearly triple the energy costs but it doesn't hold for long, which is why I sold at $20K to upgrade my miners and purchase solar panels to cut power costs; however, after the end of next year, it simply won't be possible to mine many more Bitcoin because difficulty will exceed hardware speeds, so in 2021 it may top $100K depending on how nodes choose to restructure our mining payments. I also sold more Bitcoin above $12K for this reason, used it to buy USLV/JNUG which has been a very profitable investment while waiting on the whales to return, who probably pulled out for the same reasons I did, because we saw the recession coming and the profitable sell level around $12400 which shouldn't have logically hit until next year at the halving.

  10. Funny how they only allow 'access' to select individuals.
    The rich get richer. Then they dump their over leveraged bag onto the retail retirement funds.

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