Sec vs Coinbase will probably be a market mover mid January 👀. I will keep on DCAing, I think lump sump is risky right now.
Coinbase is a custodian for many ETF trusts, many sponsors still undecided. They can't approve just Fidelity cause of market manipulation, so I think everything will be on hold for now.
Otherwise I probably would have go all in as soon as I get paid like I did in Sept, Oct, Nov. Investment discipline 💫
the only ETF that is not custodial that has a pending ETF is Fidelity .
All the rest seem to be in Coinbase Custody once/if approved .
the waters for the real satoshis are about to get real choppy in the next 6-8 months in my opinion
Yes, why i signaled out fidelity. Also someone has gemini listed I'm pretty sure.. But imo they will approve most at once, so they'll have to settle with coinbase first.
I think sec is right, coinbase was selling securities. So it could bring us some cheap sats.
We'll see.
the question is will the SEC really want to take out the biggest exchange in the US over them sellin securities all these years