MatrixPort, a firm that I’ve never heard of comes out and says that (in their view) the spot #Bitcoin ETFs won’t be approved by the SEC this month.
They are one firm. They might be right. They might be wrong.
This report is causing this selloff in #Bitcoin this morning. pic.twitter.com/K8UMifAsOY
— Caleb Franzen (@CalebFranzen) January 3, 2024
At this point saying SEC rejecting it isn’t just going against @JSeyff and I like it was in the early days, now you basically saying multiple mainstream news reporters w multiple sources on inside of this also have it wrong too. Not saying it’s imposs (again we still ‘only’ at…
— Eric Balchunas (@EricBalchunas) January 3, 2024
“Sir, the Matrixport report brought #Bitcoin down by $5k temporarily. It is now back at $43k.”
“Ok so what’s next. Approval is imminent we need to get lower!”
“Next sir? We expected a much larger dip but the hodlers don’t scare easily. In fact they bought more” pic.twitter.com/kfnWvyLLU3
— EricOfRivia (@EricOfRivia) January 3, 2024
expecting something tomorrow
— Jacquelyn Melinek (@jacqmelinek) January 4, 2024
going to sleep. Hope a spot bitcoin ETF is approved when I wake up
— borovik.eth (@3orovik) January 5, 2024
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