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- Gate July 2025 Transparency Report:
Accelerating Leadership in the Global Crypto Landscape!
#GateTransparencyReport# - 📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
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Spot Bitcoin ETFs will be delayed, he said, causing a stir!
A user X named Perianne said that spot Bitcoin ETFs will be delayed, which drew the reaction of Bloomberg ETF analyst James Seyffart.
The cryptocurrency market has begun to wait for the approval of spot Bitcoin ETFs. The leading cryptocurrency BTC pre-priced a possible ETF approval and rose to $47k.
Over the past day, institutions have made their latest updates on spot Bitcoin ETF applications. Institutions, which set every detail, down to the trading fees of ETFs, focused on the SEC's decision.
As the crypto market continues its positive trajectory, a user X named Perianne has caused a stir.
Spot Bitcoin garners backlash for sharing about ETFs
X user Perianne drew the reaction of crypto investors with her spot Bitcoin ETF share.
Perianne stated that the SEC is requesting additional comments on the S-1s of pending filings in the Spot Bitcoin ETF update. Perianne stated that the SEC's move is a delay signal for ETFs. The post, which received more than 1 million views in a short time, brought criticism.
🚨> SPOT BITCOIN ETF UPDATE: The SEC just issued additional comments on pending applicant's S-1s. This is a delay signal. 🚫 #BitcoinETF #bitcoin
Responding to Perianne, user X wrote, "I think you should be investigated for posting things like this, especially if it leads to sales and people being purged." *Said. The reactions became harsher in the following minutes. Another user X wrote, *"Fake news and horrible reporting from you once again." * criticized Perianne's reporting.
Perianne's post also caught the attention of Bloomberg ETF analyst James Seyffart. Quoting Perianne's post, Seyffart stated that it is true that the SEC has requested additional comments on the S-1s, but that this is not a delay signal. The ETF analyst stated that more changes could be seen in ETF applications during the day.
Earlier, Matrixport published a report saying that spot Bitcoin ETFs would be rejected, revealing more than half a billion dollars in liquidations in the crypto market. Matrixport's manipulative move has victimized many crypto investors. For this reason, crypto investors have started to question every news flow that is put forward.