Bitcoin ETF: the next day
112 sats \ 9 comments \ @RDClark 2 Jan bitcoin
What do you expect in the 24 hours after ETF approval?
Buy the rumor/Sell the news (price down)40.0%
Lessons in true scarce asset (price up)20.0%
Basically baked in (price roughly same)0.0%
Don't care I live in a post price world 40.0%
10 votes \ poll ended
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37 sats \ 4 replies \ @grayruby 2 Jan
The etf approval is priced it. I don't think the effect of the capital inflow from the etf is priced in. Let alone the halving or fed pivot.
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20 sats \ 3 replies \ @oliverweiss 2 Jan
Agree with you! Btw, how much time do you think it will take from the approval until ETFs are brought to life?
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10 sats \ 2 replies \ @grayruby 2 Jan
Not long. Once it is approved it is approved. I would imagine within a few business days. A week or two max.
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20 sats \ 1 reply \ @oliverweiss 2 Jan
I imagine they are intensively preparing for launches, indeed; but still I thought it will take them weeks or even months to onboard first “investors”.
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10 sats \ 0 replies \ @grayruby 2 Jan
We will see but it usually doesn't take that long.
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20 sats \ 1 reply \ @siggy47 2 Jan
ETF? What's an ETF?
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0 sats \ 0 replies \ @RDClark OP 2 Jan
Heh something something black rock ...
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0 sats \ 1 reply \ @SimpleStacker 2 Jan
Last option kinda skews the results. I'm actually interested in what people here think will happen to price, whether we care about it or not.
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0 sats \ 0 replies \ @RDClark OP 2 Jan
Yeah I agree. Maybe we can capture that in the comments. I'll do another poll after this one without the last option. I added it because every time I explored some outcomes I realized it wouldn't change my behavior.
That said. I think we sell off a bit after approval... Bull ladder up from there.
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