Bitcoin ETF Application Decision Pushed Out by SEC

Goat News
3 min readAug 14, 2023

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GM, crypto fam

Ready to kickstart the week with some fresh, piping-hot Goat News? Today’s brew:

  • Cathie Wood’s Ark 21Shares Bitcoin ETF: Decision Delayed!
  • Bitcoin ends the week in the green, but volume’s exhausted!
  • Coca-Cola’s NFT minting on Layer 2 Base: Grab yours!
  • CyberConnect’s wallet lets you pay gas with tokens!

Thirsty for more? Let’s GOAT into it

Cathie Wood’s Ark 21Shares Bitcoin ETF Application Decision Pushed Out by SEC

The SEC’s playing hard to get with Ark 21Shares Bitcoin ETF. Review extended, and the crypto world’s on edge.

Cathie Wood’s Ark Investment and 21Shares teamed up for this spot Bitcoin ETF, but the SEC’s wary of market manipulation.

The application’s been under the microscope since June. The SEC’s digging deep, and the decision’s now pushed to November.

Investors are biting their nails. Approval could open doors for the general public, but the SEC’s taking no chances.

John Reed Stark’s tweet rings loud. He calls the delay “wise and thoughtful.”

But is wisdom just a cloak for caution? Stark’s praise for the SEC might warm their hearts, but the crypto fam’s left in the cold.

Spot Bitcoin ETF products are rare birds in the U.S. This could be a game-changer, but the SEC’s playing it cool.

What’s next? A green light would send ripples through the market, but it’s a waiting game for now.

Tick-tock, crypto fam

Bitcoin ETF ,BTC News
Bitcoin ETF ,BTC News

CRYPTO NEWS FLASH

  • Bitcoin’s Green Week: Volume’s exhausted, stablecoin flow’s low. Bull run or bear trap?
  • Coca-Cola’s NFT Mint: Until Aug 16, 0.001–0.014 ETH/NFT. Refreshing digital collectibles!
  • CyberConnect’s Account Abstraction Wallet: Pay gas with tokens. A smooth ride in the crypto lane!

ALPHA ALERT: XFATHER BOT’s Stealth Launch 🤖

In the bustling world of smart contracts, XFather Bot is gearing up to make waves.

This mainnet-ready bot for ETH & BSC networks offers something unique — a testable product with 50% revenue share and a team that’s trending with an extended roadmap.

It’s more than just a crypto project; it’s a revolution waiting to unfold.

Shhh… It’s a Stealth Launch 👀

Scheduled for August 16, this one’s for the experienced investors with an eye for innovation.

The total supply is 500M, and the tokenomics are finely tuned with 2% for holders and 2% for marketing.

The entry is set at 1.1 ETH / 425M XFather, approximately 0.000004705882353 per token.

Want to join the alpha call?

Stay tuned on Telegram, Twitter, or visit the Website.

This is an opportunity worth watching. Keep your eyes peeled, crypto fam, and let’s GOAT into it 🐐

FINAL THOUGHTS

Today’s edition of Goat News is wrapping up, but the crypto world never sleeps.

Stay vigilant, stay curious, and spread the word about Goat News. In the words of Warren Buffett:

Risk comes from not knowing what you’re doing.

Let’s navigate these crypto waters with knowledge and wisdom.

Until next time, crypto fam!

Cheers, and GOAT out ✌️

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