• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
NewsBTC
No Result
View All Result
NewsBTC Bitcoin ETF March 13
Nexo Logo

PSA: Bitcoin ETF Decision Will Occur On March 13, Not March 11

newsbtc by newsbtc
5 years ago
in Bitcoin
Reading Time: 2 mins read
Advertisement

As quite a few people are keeping an eye on the bitcoin ETF decision, now is a good time to set the record straight. Earlier reports indicated the SEC deadline passes on March 1. While this is correct the actual decision will be taken on march 13. March 11 is a Saturday, yet a clause in the SEC rule book moves the deadline to March 13. It is a small change in the way things will play out, but still worth taking note of.

People who have marked March 11 on their calendars may find themselves somewhat disappointed. Albeit this is the deadline for the SEC decision, no news will come out that day. It will take until the following Monday until we hear the SEC’s verdict. The bitcoin ETF is on everybody’s mind right now, yet it is important to get the date right. March 13 is the right day to make on calendars, as it may change the future of bitcoin altogether.

Bitcoin ETF Deadline is March 13, Not March 11

That being said, the March 11 date has caused some controversy as well. Considering it is the same date as the Fukushima disaster, some people see it as a bad omen. It is unclear if there is any truth to such claims, though, but it is worth taking note of. People will always find some reason to put any future event into a positive or negative spotlight. There are only 365 – or 366 – days in a year, eventually leading to events occurring on the same date.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Some people find it strange the SEC decision will not take place on a Saturday. Considering the government agency had ample time to come to a conclusion, their rule book states otherwise. While it may be considered a small loophole, there is no official SEC decision on a Saturday. It is possible someone may try to leak some news on this day, although its validity remains questionable until Monday. However, March 11 will still remain an important date for people who are not aware of this deadline change.

Rest assured there will be some people who assume the ETF has been approved. Just because there is no news does not mean the outcome will be positive. In fact, it is still likely the SEC will reject the bitcoin ETF once again. Some buying frenzy might occur over the weekend, as people expect the decision to take place on March 11. Then again, there has been a lot of trading activity for the past few weeks already. Not much may change in the coming few days, but a week from today, the world may look very different for bitcoin.

Header image courtesy of Shutterstock

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!
Tags: bitcoinBitcoin Newsetfsec
Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
newsbtc

newsbtc

Related Posts

Bitcoin

First In History: Bitcoin Mayer Multiple Records Lower Value Than Last Cycle’s Low

2 hours ago
crypto

Crypto Liquidations Settle As Bitcoin Recovers Above $21,000

4 hours ago
Bitcoin

Why Pain May Not Be Over For Bitcoin Holders Just Yet

1 day ago
Bitcoin

Bitcoin Regains Some Luster With 15% Rally To $21,700 – Can It Maintain The Shine?

1 day ago
Bitcoin

Bitcoin Coinbase Premium Gap Approaches Zero, Selloff Ending?

2 days ago
bitcoin

Bitcoin May Not Reclaim All-Time High For Another Two Years, Binance CEO

3 days ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
BC.Game

BC.Game

Review · Visit
Punt Casino

Punt Casino

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit
BC.Game

BC.Game

Review · Visit

Have These Coins Cardano (ADA), Solana (SOL), and FIREPIN Token (FRPN) Become The Pillars Of The Crypto Space?

June 27, 2022

Torches Finance, The Top Lending Protocol has Launched on KCC, Genesis NFT Free Mint is Coming Soon

June 27, 2022

DogeSQ Token Presale Will Live on 28th June, 2022. 6:00 AM UTC

June 27, 2022

XT.com Lists Tales of Xtalnia (XTAL) With USDT Trading Pair

June 27, 2022

Find Out How Gnox (GNOX) Is Planning To Take On Fantom (FTM) And Avalanche (AVAX)

June 27, 2022

ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win

© 2021 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.