1/10/2024: Bitcoin ETFs are Approved by SEC

Bitcoin ETFs have been approved! Yesterday someone hacked into the SEC's Twitter/X account and announced Bitcoin ETFs were approved. It was a hoax. This afternoon SEC appears to officially approve 11 Bitcoin ETFs but the document was later deleted on SEC’s website. It’s so confusing. But I guess we could assume the Bitcoin ETFs are approved. But we retail investors in America don’t really care and I think this approval might actually signal the top of the Bitcoin price. There’s a lot of *crypto activists* on Twitter trying to pump up the crypto. Let’s not fall for it. Instead, invest in companies that make products and services people want.