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RE: Bitcoin rise or fall? Winkelvoss Bitcoin ETF what is it and what can we expect from SEC's decision

in #bitcoin8 years ago

The SEC has an 11th March deadline to make a decision regarding the proposed rule change that would clear the way for the ETF, which would be the first of its kind. Yet because the 11th falls on a Saturday, that decision will come before that date – potentially before Friday, the source said.
http://www.coindesk.com/sec-decide-bitcoin-etf-fate-friday/
I'm not sure what Market you are talking about , most Markets are open Monday-Friday
(NYSE for example 930-1600 which means they didn't even open for the day yet.)

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You might be right that they will let us wait until monday.
"The deadline is drawing near for the U.S. Securities and Exchange Commission (SEC) to make a decision on the first Bitcoin ETF. The Commission has stated that this deadline is March 11, which has caused some confusion in the Bitcoin community since this date falls on a Saturday. A clause in the SEC’s rulebook pushes the deadline to March 13."
https://news.bitcoin.com/secs-first-bitcoin-etf-deadline-is-actually-march-13-not-march-11/

LOL I thought it was Saturday now. My bad XD Yeah Monday is my bet, but let's see.

Happens to me all the time :), I guess that's one of the "disadvantages" of not being an economic sheep that has to report to the bossman at 7am 5-6 days out of the week.

Yeah, advantage, disadvantage. However you take it :)