Weekly Points – January 12th, 2024 – 5 Things to Know in Investing This Week – The Bitcoin ETF Issue
After years of dragging its feet and losing an important Court case, the SEC finally approved 11 Bitcoin ETFs. Along the way, it managed to accidentally pre-announce the approvals three different ways, then withdrew all of them. Finally, the head of the SEC made it clear he disagreed with the decision of his own agency … Read more
5 Things to Know – Video Version – The Bitcoin ETF Issue
Gary Brode of Deep Knowledge Investing and Robb Fahrion of Flying V Group discuss the 5 Things to Know in Investing This Week: The Bitcoin ETF Issue This week, we’ll address the following topics: 11 Bitcoin ETFs Approved. To the moon? The SEC drags its feet, complains about its own decision, then has multiple leaks. … Read more
3 Speaking Engagements This Week
Hi All, Some interesting conversations taking place this week. On Wednesday, at 11am Eastern Time, I’m doing a Twitter Space with Tracy (@ChiGirl) and Jack Farley (@JackFarley96). We’ll be discussing the macro environment. Please join us here: https://twitter.com/MicDropMarkets/status/1746608890962219244 On Thursday, Michael Gayed is doing an all day event sponsored by Hashdex featuring some of the … Read more
It’s Approval Day – Was the SEC Hacked?
Today is the day we expect to see the SEC approve multiple Bitcoin ETFs including $GBTC. The announcement could come at any time, but is most likely to be after the close. A few points: 1) Yesterday, the SEC posted on X (Twitter) that it had approved the ETFs, then withdrew that stated approval claiming … Read more