SEC keeps delaying decisions on Bitcoin ETF bids, could this be useful for crypto prices?
After the decisions on Ark's bid run by prominent investor Cathie Wood andhave been delayed, @BTC_for_Freedom believes that the longer these delays take, the greater chance the community has to accumulate BTC for long-term holding.
This means that with demand for Bitcoin rising, by the time the SEC wakes up to start approving Bitcoin ETFs, the price of the flagship cryptocurrency may pump even harder. The longer the SEC delays the ETF, the more time Psychopath Plebs have to accumulate, which will pump theOn Tuesday, @BTC_for_Freedom issued a post, stating that over the past month, a total of 26,000 had been withdrawn from the Gemini exchange run by the Winklevoss twins. He believes that that could have been done by the BlackRock fund manager in order to launch its Bitcoin spot ETF if the SEC approves it next March.
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