Spot Bitcoin ETF Imminent

Wall Street is lining up. PLUS Cathie Wood is confident.

October 23, 2023

Hey guys it’s Archie!

I know it’s been a while, but I’ve been so busy during the bear market working on some BIG things for you.One of those is The Bitcoin Report! and it’s finally ready to go LIVE this week.

Get Institutional quality Bitcoin research to make sense of global chaos. SIGN UP NOW: https://TheBitcoinReport.co/signup

I’ve put together an amazing team of analysts to bring you exclusive insights and intel on what is happening in Bitcoin under the hood, and also global macro markets - after all, Bitcoin is a macro asset now - even BlackRock says it’s a ‘flight to quality’ asset, and right now the price action during global uncertainty shows it!

So sign up below and don’t miss the launch!

**Twitter doesn't always show you all my tweets. So get on the list!———————————————————

Cathie Wood says the SEC has changed its behaviour and is actively engaging with Spot Bitcoin ETF applicants. We’ve already seen ARK, BlackRock, Fidelity, Franklin Templeton and others submit updates to their ETF applications after feedback from the SEC.Cathie Wood says this is very behaviour, while Bloomberg’s ETF analysts Eric Balchunaus and James Seyfartt say this has never happened before. Perhaps reason to be optimistic.Also note, BlackRock has previously applied to launch 576 ETFs and 575 were approved. They do not do these things unless they are very “confident”.

In addition to seeing institutions like BlackRock, Fidelity, Franklin Templeton et al leading the way in pushing for a Bitcoin ETF, Top 4 global consulting firm Ernst & Young came out today highlighting the finite and predictable nature of Bitcoin’s issuance.It also said: There's so much pent up demand for Bitcoin: $200 Trillion of institutional assets that can't touch it until an ETF is approved. Bitcoin has a market cap of $600 billion. Barely 0.5% of $200 Trillion.

Just a final reminder!Don’t miss the launch of The Bitcoin Report!SIGN UP NOW: https://TheBitcoinReport.co/signup

I will be in touch shortly with more Bitcoin News, Archie