Crypto ETFs now allowed by SEC (for real)

www.cnn.com

cross-posted to:
[email protected]

Crypto ETFs now allowed by SEC (for real)

www.cnn.com

TrudeauCastroson [he/him]@hexbear.net to

news@hexbear.netEnglish · 10 months ago

cross-posted to:
[email protected]

SEC gives bitcoin ETFs the green light | CNN Business

www.cnn.com

After a false start Tuesday, the Securities and Exchange Commission gave its approval Wednesday for some investment companies to offer “spot bitcoin” exchange-traded funds.

When I first read it I thought it was a scam. Blackrock is offering one of these, it’s legit. Why the hell are the SEC allowing it now in the year of our lord 2024? Is the growth machine really that stagnant that they need this?

Chat

FuckyWucky [none/use name]@hexbear.net
link
fedilink
English
arrow-up
14·
10 months ago
They got amazing ticker names like BRRR and HODL
- morras@jlai.lu
  link
  fedilink
  English
  arrow-up
  5·
  10 months ago
  Awesome 🤩
  
  However, not sure that stock market and memes get along very well…
  - FuckyWucky [none/use name]@hexbear.net
    link
    fedilink
    English
    arrow-up
    8·
    10 months ago
    Yea… awesome

news@hexbear.net

Create a post

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]

Welcome to c/news! Please read the Hexbear Code of Conduct and remember… we’re all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

694 users / day
1.41K users / week
2.27K users / month
4.4K users / 6 months
12 local subscribers
23.5K subscribers
5.88K Posts
186K Comments
Modlog