Reddit Posts
Spot ETF’s are here now. BITO will outperform them.
Can we have a proper talk about the phrase "Sell The News" in regards to ETF events?
Can we have a proper talk about the phrase "Sell the news" in regards to the Bitcoin Spot ETF event?
I'm a little confused. If these are 'SPOT' ETFs, how come the price isn't @ 45k?
SPOT-on Speculation: Will Bitcoin Finally Hit the Bulls-Eye This Week?
Yesterday, Matrixport posted an article "BITCOIN SPOT ETF APPROVAL IMMINENT, BTC TO JUMP TO $50,000" but today The Block posted an article stating "SEC WILL REJECT ALL BITCOIN SPOT ETFS IN JANUARY, SAYS MATRIXPORT ANALYST"
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why only the US bitcoin ETF's actually matter...
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I educated myself about the SEC as I was pretty basic about it besides the memes.
I've discovered something concerning about Binance [SERIOUS2]
Rumors of Franklin Templeton's SPOT Bitcoin ETF Approval Boost BTC by 4% as USDT DOM Dips by 3.20%!
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How much a spot bitcoin ETF can affect the price
Looking at facts, this might be the last good opportunity to buy Bitcoin and some Crypto before the game changes completely.
Why BTC is up +4% and why nothing recently matters [SERIOUS]
And so it continues... 1.5 Trillion dollar asset manager "Franklin Templeton' files for a Bitcoin SPOT ETF
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SPOT ETF'S: The basics for those wondering
What are the arguments for and against the idea that this cycle will be different from previous cycles?
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BlackRock's SPOT ETF Application & Its Potential Impact
Here's some mindblowing BTC data that might drive the price the next days [Serious]
How are people earning $5K and $10K monthly trading spots
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Europe's first SPOT BTC ETF is live for institutional, professional, and sophisticated investors
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Gate.io, Prima Facie, seems to have stolen my 140-odd USD from My Spot Account | Why? | What Do I Do?
May sound trivial but Spot Bitcoin ETF is the biggest key to next bull market.
IMF Releases a CBDC to Compete With Bitcoin - Recommends at Beginning of Whitepaper Bitcoin Not Be Allowed Legal Tender Status
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Binance will open SPOT trading in roughly 60 minutes, CZ confirmed
Binance announces Ripple staking program. Yikes!
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bro said liquidate and i started laughing lol like buddy even if it drops people who do SPOT end up winning in the end. lol bro obvioulsy does leverage and thinks everyone else does it LMAOO
What is better if you have only 300 or 500 dollars or 10000 but you want to buy coins How do you manage this Also, buy with leverage x3 x5 or just SPOT
Not sure if they will sell on OTC of SPOT. Lot of people will get cheap BTC if they sell SPOT.
[https://www.coinglass.com/merge/BTC-USDT-SPOT](https://www.coinglass.com/merge/BTC-USDT-SPOT) Only shows Binance & okx though. On Binance there's \~1k Bitcoin at 100k and 162 at 99.9k
Exiting into SPOT which is inflation resistant and fully decentralized
https://www.coinglass.com/merge/BTC-USD-SPOT This is fun too: https://aggr.trade/jsd5
Coinglass has it around 4k or so through $102k as of right now. https://www.coinglass.com/mergev2/BTC-USDT-SPOT
DOT has been in a tight SPOT since bear market…
I think you need to learn basics of the ETF it's called A SPOT Bitcoin etf. Which means they buy the spot price. It doesn't matter if there 1m bitcoin on exchanges or 1k. The etf provider is required to buy x amount of dollars worth of it when required to do so regardless of price. Little to no btc on exchanges would = an astronomical bitcoin value per coin
I shorted the futures all day, ironically, took all the USDT and bought the Dip in SPOT about a half an hour ago. Literally, free money.
Do ETF buys affect the price immediately or does it take longer than on SPOT?
bro, i am a businessman specialized in the restaurant niche and i am big. invest in Bitcoin the 10K ONLY if you DONT need them for the next few months and sele the price in june july of next year. no now it is at 57,000 it is making an upward correction then it should go to at least 52k-48k in the medium term aug-sep there is a large volume of liquidation in that area again plus macro data such as the rate cut by the FED starting in sep a project at the senate level in the US called "Bitcoin Strategic Reserve" that is a fundamental macro data that supports this advice requested by you, going back below 55k good option because you could be left off the train at least leave them until june and july. Learn about bitcoin not in a speculative way learn because now everyone starts talking about it and when you understand the fundamentals you will understand that in the long term LEARN create your own account if you are not an expert open an account in an exchange like binance, kucoin, coinbase there are many investigate learn get information from various youtubers so you can draw your own conclusions open the account buy bitcoin in SPOT and put them in an account with interest leave them there keep yourself from something that time and enjoy life if it goes down enjoy life do not give it importance . it is 21,000,000/infinityMoney. bitcoin is yours it is mine it belongs to everyone it is a utopia in reserve of value. LEARN do not believe me what I tell you
tldr; Aerodrome introduces a new liquidity pair, SPOT/USDC. SPOT is a low-volatility, mean-reverting asset derived from AMPL, designed to be durable, decentralized, and inflation-resistant. Pairing SPOT with USDC aims to generate yield with low downside risk and real yield, leveraging SPOT's unique properties for potentially higher trade volumes and magnified real yields in decentralized finance. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
the havening took place, Bitcoin SPOT ETFS, Politicians rooting for BTC and Crypto for the vote this upcoming election. Many other factors also that are small that add up
>Settlement for ALL Bitcoin ETFs * all SPOT ETFs.
I said **not SPOT ETF** How about you just read the [actual filing](https://www.sec.gov/Archives/edgar/data/2028541/000162828024030249/vanecksolanatrusts-1.htm) ? And not randomly believe crypto twitter accounts
I somehow managed to figure out how to swap my SPOT for ETH then to BTC. Shitcoins for Satoshis!
Patience…. Stack stats and be patient…. This bull run those trading SPOT *not leverage* stacking stats and your other alts of choice ( my choices are FET, INJ, WIF for fun and NPC as the golden ticket ) Just DCA and sell when goals are reached NPC on MEXC is a gem when looking at volatility.. check it out if you have time to research
tldr; The SPOT Primer introduces the SPOT Protocol, which aims to create a low-volatility commodity money using AMPL as its underlying asset. The protocol generates two derivatives: SPOT, a low volatility asset, and stAMPL, a high volatility asset. By reorganizing AMPL's volatility into these derivatives, SPOT achieves stability while retaining the benefits of commodity money such as durability, decentralization, and resistance to inflation. The system includes mechanisms like tranching and perpetual tranching to manage volatility and ensure the stability and liquidity of SPOT and stAMPL. The primer also discusses the rotation vault, which plays a crucial role in maintaining the freshness of the collateral set and thus the stability of SPOT. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
But.... then why are they SPOT ETFs if they use OTC
BLACKROCK'S SPOT ETHEREUM ETF HAS BEEN LISTED ON THE DTCC UNDER TICKER ETHA Lame, they didn’t call it ieth
> SEC ASKS EXCHANGES TO UPDATE 19B-4 FILINGS ON AN ACCELERATED BASIS FOR SPOT ETHER ETFS: COINDESK Source: DB | Coins: ETH
> SEC ASKS EXCHANGES TO UPDATE 19B-4 FILINGS ON AN ACCELERATED BASIS FOR SPOT ETHER ETFS: COINDESK Source: DB | Coins: ETH
I can relate. Lost a bunch in Blockchain wallet I can not connect to (bought $1k worth of eth and btc when btc was about 13k in 2017). Then started using binance and FTX. Heard from guys from crypto FTX is great for trading I was starting getting into. Lost some $3k in trading there. Then started HODLing SPOT on FTX platform, about 3-4k worth. Then FTX went under water. (My request for FTX Kroll pending). Then sold everything I had on Binance in loss cuz market was super suspicious and there were rumors Binance might go under the water too. So got some little money back. Started hoarding back spot hodl in binance, Solana helped a lot, but only invested some change cuz family is on the way. In total I think I’m some 6-8k in loss. So you have much better ROI than me brother (and probably more than most people) even when it doesnt look like it.
But they do have to put all the USD they receive into bitcoin. It’s a SPOT etf. Also I don’t think Blackrock got this far acting like FTX lol so no, that is not in the realm of possibility
Russia and Iran are already taking payment for their oil and gas exports in YUAN. Seems to be a BIG BLIND SPOT in this sub re Chinas probable takeover of fiat hegemony as USA declines. China has already over taken USA as the biggest producer and importer. Nearly all nations NEED to trade with China or suffer serious consequences. Not a big fan of CCP either but just realistic.
tldr; The SPOT protocol introduces a new approach to creating stable assets by splitting a medium volatility asset (AMPL) into a high-volatility derivative (stAMPL) and a low-volatility derivative (SPOT). This system avoids traditional catastrophic failure modes of stablecoins by ensuring all risks are visible and quantifiable. SPOT, designed as a perpetual derivative with bounded volatility, offers a stable yet flexible financial instrument that can serve as digital cash or a refuge from inflation, depending on its volatility relative to the CPI-adjusted dollar. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Not sure the source nor that the numbers are 100% correct.... BUT YOUR POINT IS SPOT ON.
This is why SPOT BTC ETF’s are so imperative. Coming from someone who was hacked for 1 whole coin in 2019 I’ll never get that back…
If broker buys SPOT ETF then he actually holds the “asset” to my understanding.
HONG KONG CLEARS BITCOIN SPOT ETF APPLICATION The Hong Kong Securities and Futures Commission approved on Monday applications from leading financial institutions, including, China Asset Management, Bosera Capital, and HashKey Capital Limited, for the launch of Bitcoin spot ETFs. https://twitter.com/deitaone/status/1779761717804745060?s=46&t=ihVglVXC0BQSbw6j57EoaA
tldr; Ampleforth (AMPL), a rebasing cryptocurrency, has seen a surge of over 1,200% in value in the past seven months, reaching a market cap of $304m from $22m. This growth is attributed to the introduction of SPOT, an experimental flatcoin built on AMPL, aiming to become a stable, inflation-resistant, and supply-stable currency without real-world collateral. Despite its significant performance, AMPL remains relatively unknown, partly due to confusion around its rebasing mechanism, which adjusts token supply in wallets to maintain a stable purchasing power, rather than acting as a traditional store of value. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; The Fragments development team proposes the rollout of Spot v2, an upgrade to the SPOT protocol, which is a decentralized flatcoin offering long-term stability through tranching rather than liquidation markets. Spot v2 introduces features to facilitate SPOT <> AMPL arbitrage and balance demand for stability and volatility with a Dynamic Rotation Fee. The upgrade aims to scale SPOT effectively and will be implemented as an inplace upgrade, requiring no action from current SPOT holders and stAMPL stakers unless they choose to opt out. The proposal awaits community support through consensus and a signal vote. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; The article discusses the strategy for scaling the SPOT protocol by the Ampleforth team. They aim to increase SPOT's circulating supply and market cap responsibly, emphasizing the importance of elasticity, liquidity, and counter-cyclical trading for the protocol's success. Key steps include the release of Rotation Vault v2, activation of third-party mint redeem arbitrage infrastructure, and the creation of a SPOT/USDC high yield pool. These measures are designed to prepare SPOT for growth by enabling organic scalability and attracting more utility and capital. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; The article discusses the concept of counter cyclical demand in the cryptocurrency market, particularly through the lens of SPOT v2 and AMPL. It explores how a stable asset, collateralized by cryptocurrencies, could change market behavior by growing in times of fear, thus decoupling from the rest of the market. The release of SPOT’s v2 rotation vault, which allows for direct swaps between AMPL and SPOT, is highlighted as a significant development. This upgrade facilitates arbitrage between the two assets, enabling SPOT to trade like AMPL but without supply volatility. The author suggests that this mechanism could lead to counter cyclical demand for AMPL, potentially altering the dynamics of the entire cryptocurrency asset class. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Wouldn't you rather look at spot than derivative/futures trading? [https://www.coinglass.com/merge/BTC-USD-SPOT](https://www.coinglass.com/merge/BTC-USD-SPOT)
Except a SPOT ETF is actually here and approved this time …
The last cycle didnt have institutional money, it had crypto guys in VC funds with access to insane leverage + the economic conditions could have actually had a negative effect. Now we actually have relentless SPOT not leverage bids so far from many institutions and companies.
What I have yet to see on any of these 401k/IRA posts/comments is SPOT buying BTC inside these vehicles as opposed to the BTC ETF. Still grows in a tax advantaged vehicle AND you actually own the coin. Is there some reason why people don’t go this route?
Might have to switch to SPOT 😙
Yeah, they also may be moving to a lower fee structure.or just taking profits from Grayscale. After Grayscale's conversion to a SPOT ETF there was bound to be a sell off, previously it had a fairly huge premium (read penalty) to buy then again to sell. Regardless of why we should be looking at the total sums of all the ETFs not just 'the new ones" like the OP has done. Long term WAGMI though..
If you sell SPOT for this price, you dont know the XMR value. Don't let game derivatives price to take your wealth.
The taxable event exists same as before so there was a PENT UP sell demand due to taxes... pent up demand being released is caused be A CHANGE. Being a taxable event is not the penalty I'm talking about about. Pre conversion to a SPOT ETF, there was a literal (on average) 10% loss when selling your GBTC share. Before any taxation. This is the pent up demand. People who wanted to sell but didn't want that hit to their profits ON TOP of any taxes. Once it converted to a SPOT ETF the premium vanished and that sell demand manifested.. https://ycharts.com/companies/GBTC/discount_or_premium_to_nav I'm surprised at the number of people here who 1) don't know about this premium 2) the implications when it was removed.
"yOu Do ReAlIse CDC AcTualLy HaS thEir shIt iN ORder WIth Rgulation" XDDDD Crypto.com is so blatant about shaving customer funds that you can literally bait it with 100% replication success. The only reason you are so oblivious about this is because you have no money... and yeah, binance is A LITTLE BIT better than western scamchanges. Pls go fill in all the KYC documents on crypto.com and then add 20k to ur balance, trade some, withdraw some, add some activity to ur account and watch how after a month or 2 you get random locks on ur funds for "suspicious activity" or how you can't withdraw because "you didn't provide the right KYC docs" or do a leverage trade and watch how suddenly the "flash close" button is disabled and you can't quit a losing trade even though you never touched the settings. These exchanges also work in tandem with shitcoin creators and plan out the listing in a way so they can dump your coins after the listing hype is over. The list of ways how you can get scammed by a CEX is so big that it's impossible to regulate it properly. The only way to have a legit exchange is if the owners goals aren't morally corrupt because regulation sure as fuck wont help the customer, it'll only help the exchange make the shaves and scams less obvious. There is simply no way you can offer 100x leverage to the whole world and offer investments to scam shitcoins and call it a legit exchange that is regulated properly. In the Netherlands there is an exchange called Bitvavo and as a normal customer, you can't buy leverage, no etfs no nothing you can only buy SPOT and only like 50 coins max, THAT is properly regulated. There is a very very very good reason why these CEX' have 0-2 stars out of 5 on Trustpilot. The few good reviews come from people with 100-1000 eur accounts that are not worth to shave from. A good chunk of the bad reviews come from people who lost tens of thousands because crypto.com scammed them in one way or another. The rest of the bad reviews are fake lawyer/accountant scammers that try to prey on the people that lost money to the exchange.
It is called SPOT Etf, 0 nothing 0 0 0 0 0 , btc is bought on the spot
BTC spot ETF flows are still positive which means despite GBTC selling, its all going right back into other SPOT ETF's plus more. So no, GBTC losing assets has nothing to do with the BTC price going down as spot BTC ETF buying is still net positive.
> You can track IBIT information with the following link: https://www.ishares.com/us/products/333011/ So just as I suspected, 1 SPOT EFT doesn't = 1 BTC which I previously called out that 1 ETF wont = 1 BTC yet this sub was bent over backwards that it was 1 to 1... So what exactly is the ratio of ETF's to 1 BTC? 1 ETF price ea based on that link currently shows $26.59
>I think the biggest key is the assumption that BlackRock had $2Billion and they would have DCA'd into buying Bitcoins and that would drive the price up. i read that they already owned $10M in BTC. > >Keep in mind that if Blackrock is not actually buying BTC, their ETF's are just derivates then and has no BTC to back it up - despite them saying that it's a SPOT ETF (if you own the ETF< you actually own BTC) "Keep in mind that if Blackrock is not actually buying BTC" The same is relevant for other ETF such as ETF on gold or how?
I think the biggest key is the assumption that BlackRock had $2Billion and they would have DCA'd into buying Bitcoins and that would drive the price up. i read that they already owned $10M in BTC. Keep in mind that if Blackrock is not actually buying BTC, their ETF's are just derivates then and has no BTC to back it up - despite them saying that it's a SPOT ETF (if you own the ETF< you actually own BTC)
> You can track IBIT information with the following link: https://www.ishares.com/us/products/333011/ So just as I suspected, 1 SPOT EFT doesn't = 1 BTC. So what exactly is the ratio of ETF's to 1 BTC? 1 ETF price ea based on that link currently shows $26.59
SPOT ETF differs in that the fund managers need to take custody of 1btc per 1btc of etf but you’re right you don’t actually own it. idk about whales being created. there are already whales who control the market now. will this add another dimension where manipulation is possible? who knows. i think it’ll be a net positive on price action and legitimizing btc to legacy money systems and persons who might want to dip their toe into btc investing in an easy and familiar way.
🚨SPOT BITCOIN ETF UPDATE: The SEC just issued additional comments on pending applicant's S-1s. This is a delay signal.🚫 Someone is spreading this around on x/twitter https://twitter.com/PerianneDC/status/1744517013173686643?t=bawisxMit5VYe4oPI0zcng&s=19
The SPOT ETFs will not be the first ETFs authorised by the SEC. On 15.10.2021 ProShares' Futures ETF was approved. The rumour has caused the price to rise by 100 % to date, after the announcement the price rose by a further 12 % to its all-time high on 10 November 2021, only to fall by 77 % over a period of one year. So in the case of the SEC approval of a Bitcoin ETF, it was already a sell-the-news event!
population doesnt matter for a SPOT price
Yesterday, Matrixport posted an article "BITCOIN SPOT ETF APPROVAL IMMINENT, BTC TO JUMP TO $50,000" but today The Block posted an article stating "SEC WILL REJECT ALL BITCOIN SPOT ETFS IN JANUARY, SAYS MATRIXPORT ANALYST" https://theblock.co/post/270125/sec-will-reject-all-bitcoin-spot-etfs-in-january-says-matrixport-analyst https://matrixport.com/institutions/research/daily-insights/811
To the OP the real reason why for the dump. NEW: YESTERDAY, @realMatrixport POSTED AN ARTICLE TITLED "BITCOIN SPOT ETF APPROVAL IMMINENT, BTC TO JUMP TO $50,000" - TODAY, @TheBlock__ PUBLISHED AN HEADLINE STATING "SEC WILL REJECT ALL BITCOIN SPOT ETFS IN JANUARY, SAYS @realMatrixport ANALYST https://x.com/degeneratenews/status/1742531520407990445?s=46&t=yKsLLxQVrw7jMJ33sN1UrQ
Show me in the Blackrock Bitcoin SPOT ETF filing it states 1 ETF ratio is locked to 1 BTC Spot?
Most are expecting a sell-the-news event if a SPOT BTC ETF is approved. Price might just do the opposite instead.
He'll no keep holding we won't the Big Boys to pay big time for a SPOT ETF BTC
You're very confused. A delay is not a denial. Denials have been happening for SPOT applications since 2013. This is the first time ever that the SEC has met with applicants and had them adjust the verbiage in their application. No other reason for them to do that unless they were planning on approving.
I swear to God I haven't done anything wrong. I'm not from any restricted regions. I've trade for 2k usd over 5k volume on SPOT. I have validated ADVANCED KYC.
The ETF allow you to buy bitoin but packaged in a ETF, based on the blackrock filing you can exchange your SPOT ETF for actual bitcoin. SO yes it tracks the price by holding/owning bitcoin ​ The reason we believe it will affect the price is because it will allow whales(pension funds, soverign wealth funds, hedge funds, family offices) that only operate on traditional financial rails (stock market) to buy Bitcoin , where as right now that is difficult.
> Yes but that investor base is buying ETF shares, not the underlying asset. The ETF manager will buy the underlying asset. That’s what a SPOT etf is.
Any crypto that is POS doesn't make it a security. Unless you're talking about CEX coins staked etc then yes, as the CEX is securitng that 1 crypto for another staked. When you unstake you claim the secured crypto back. Regarding your other point about SEC suing Vitalik or Lubin, again.. why? I'm not sure what crystal ball you've got there :D Like this article stating ETH at 28K which I don't agree with but 7k ETH next year is plausible even without a SPOT ETH.
That's how they are setup now because SPOT ETFs are currently not approved. Every current BTC ETF is futures based - somehow the SEC thought trading **futures** is safer for investors, even if those futures are based on shady exchanges or generally futures are used to **only** speculate on price. We live in a weirdly regulated environment.
7k quite plausible next year, let alone a SPOT ETH approval.
JPMorgan jealous it hasn't offered a SPOT BTC ETF. This article is FUD, which makes me bullish.
I think you misunderstand the difference between a SPOT etf and a futures ETF. Spot will increase the price
Depends, if they are SPOT ETFs or not. No price change on existing SPOT BTC ETFs. The point of the SPOT BTC ETFs are to basically follow the price of Bitcoin.
The current value of bitcoin is just a little more than half of what is was in its peak of 2021. I have no doubt it will reach it's previous highs and pass those as it follows the economy. Once Blackrock's SPOT ETF gets approved (not 100% guaranteed yet) im sure btc's price will benefit even more from the institutional's exposure and crowd excitement. But regardless, btc has not followed your theory of people turning to it during times of debt, inflation, or fears of recession. Many investments have skyrocketed in the last year or so. The false bull charge of the market sent many investments flying; BTC was not unique in this value. In fact, many mid-to-large caps stocks out-performed BTC.
not really. I'm still profiting, just more slowly and I do SPOT instead of FUTURES more now.
Wait until the SEC issues a statement officially approving the SPOT BTC ETFs. What we’re seeing now is just the anticipation of these getting approved. The actual approval will see us break 40k easily imo maybe even get close to 50k.
BREAKING : SEC APPROVES ISHARES MOONS SPOT ETF ... REPORTEDLY ​ ​ in the near future..
Given how the day went, it's safe to assume approval of BTC SPOT ETF will be beginning of the bull run for sure
There is good and real news on the BTC ETF front. The SEC does not plan to appeal their loss to Grayscale.Grayscale argued and won that safeguard measures in place for BTC makes the difference between SPOT and FUTURES non-existant. https://money.usnews.com/investing/news/articles/2023-10-13/us-sec-does-not-plan-to-appeal-court-decision-on-grayscale-bitcoin-etf-source
They faked SPOT BTC ETF news
From a screencap of the original tweet, it said (in all caps): BREAKING: SEC APPROVES ISHARES BITCOIN SPOT ETF And then shortly later, they edited it to append "REPORTEDLY" at the end of it. And now, the tweet is apparently just deleted altogether. Someone somewhere is clearing out their desk.
REPORTS BLACKROCK SPOT ETF IS APPROVED FALSE. Source from one biggest CT news: https://x.com/zoomerfied/status/1713913246619426858?s=20
"Coin Telegraph reports that the SEC has approved the iShares spot bitcoin ETF." ​ the post on X : "🚨 BREAKING: SEC APPROVES ISHARES BITCOIN SPOT ETF." ​ Hope it confirms.
SEC APPROVES ISHARES BITCOIN SPOT ETF About fucking time! Let's fucking go guys