And so it continues… 1.5 Trillion dollar asset manager “Franklin Templeton’ files for a Bitcoin SPOT ETF

50 thoughts on “And so it continues… 1.5 Trillion dollar asset manager “Franklin Templeton’ files for a Bitcoin SPOT ETF”

1. The SEC is going to need a bigger shelf for all these Bitcoin ETF applications.

2. Bitcoin is gonna explode in price in a few years, it’s gonna be insane with all the new investors coming in

3. Soon every single asset manager will apply for a spot BTC ETF and the SEC will be overwhelmed

4. SEC has about 36 Bitcoin ETC application folders on it desk

   I think the SEC is about to get a burn out

5. Spot ETF floodgates open?

6. next level of hopium

7. +1 it is

8. At this point every asset management and their grandma is applying… The question is who gets accepted first and when.

9. They see an opportunity to make money, that take it. It’s not that complicated

10. Since tech stocks are slowing down, these guys are looking for the next big thing. They’re trying to catch the big crypto wave for that sweet 10x or even 100x

11. What matters the most is that at least one is accepted, so all the others can adjust consequencially.
    In a way, having more ETF by different managers is a step toward decentralization.

12. So bullish.

13. All of these gigantic asset managers wouldn’t be filing for ETFs if they didn’t think there isn’t a chance they will get approved

14. It is actually pretty fun to watch how the SEC resists this much pressure, they will have to approve at some point.

15. They will get approved, probably next year. They won’t dare to go against blackrock

16. It’s nice to put some more pressure on SEC to approve all those ETFs.

17. The SEC are winning the battle but Crypto will win the war

18. This is excellent. finally some bullish news among all the FUD

19. If any ETF gets approved… damn crypto be roarin at that point

20. I mean they can’t turn them all down, especially now they have been called out on futures EFTs being more risky than spot

21. And one by one they will get accepted and then we‘re taking off.

22. The next bull run is gonna be the biggest one we’ve seen so far

23. this is the time. now prepare your dca as much as possible

24. Franklin Templeton sounds like old money. Like they were founded by old colonial dudes who wear white wigs.

25. I mean eventually we’re gonna get one

26. Gary is a trash monkey

27. The SEC standing in the way of innovation and technological progress is most likely going to be their downfall. They will lose so much face once they back down that it’s impossible for them to keep the same level of authority after that.

28. Everyone will come on board soon!

    It’s a matter of time.

29. The resistance from SEC is merely to strengthen their importance, after losing so many cases in court.

30. You apply for a spot Bitcoin ETF, you apply for a spot Bitcoin ETF, you apply for a spot Bitcoin ETF, everybody applys for a spot Bitcoin ETF!

31. Man the bull run is gonna be epic when the ETFs gets approved

32. I don’t know who that is but the fact that more and more are coming out to try to get approved means it’s highly likely inevitable.

    Especially in that etfs are in other places already.

33. You folks not accumulating now will regret it later

34. Slowly….then suddenly!

    Good to read all this bullish news after a red day yesterday.

35. Bitcoin pros & cons with related info are in the collapsed comments below.

36. To me, it’s not a case of if, it’s a case of when

37. Another one

38. That’s.. good?

39. The next bullrun is going to be a wild ride for everyone

40. They will get approved when they tell the SEC to approve them. They are in this together. Both sides. They will manipulate the market until the time is right. That’s when they tell Gary to make the approval public.

41. SEC is basically being told to

    Chug chug chug chug chug chug

42. Notice they’re all trying to do this before the FTX trial…

43. Do you guess think that BTC will pump once these start getting approved?

44. etfs bring a lot of new people in, and anyone involved in managing stocks wants to be in for their piece of pie

45. Keeping up with price action on a daily basis can be maddening. Long term I know which way price is headed. It’s a marathon, not a sprint. Make your plan, ignore the FUD, DCA your way to victory. Cheers my friends!

46. I don’t know who that Franklin guy is, but I’m glad he did that.

47. I think 2024 is going to be constant 🔥

    ARK’s final deadline is January 10th. All the other major ETF filings have their 3rd deadline in around January 15th, with their final deadline in March.

    I predict the SEC will bulk approval around Ark’s final deadline. This’ll pump the price up a bit.

    Then it launches sometime around the halving in 2024 and things go bonkers.

    Lastly, a Bitcoin supporter will win the US presidency in November kickstarting the blow off top.

    Fuuuuuuuck, that was some strong hopium. I need a nap.

48. The timing of all these spot ETF desires is… peculiar to say the least.

49. This feels like constant edging at this point

50. The floodgates are opening, next halving is going to make al the lens before look like blips

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