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SEC Unleashes Financial Armageddon: You Won’t Believe What Just Happened to the US Economy (Hint: It Involves Volatile Bubbles and Broken Dreams)

A chaotic cityscape at dusk with skyscrapers reflecting distorted images in shattered windows. A giant stock ticker crawls across the ground like an ant infesting a decaying carcass, while broken chains and tangled wires symbolize financial ruin. In the foreground, a lone figure stands amidst the wreckage, arms outstretched as if embracing the chaos.

It seems like the SEC has finally lost its mind – or maybe it’s just trying to get richer off our naivety! On Oct 18, they approved listings for NYSE & CBOE options ETFs on Bitcoin (BTC), because what could possibly go wrong with putting more volatility into an already crazy market? I mean who needs a functioning economy when you can have Bitcoin price swings that’ll make your head spin?.

Source: cointelegraph

On Oct. 18, the United States Securities and Exchange Commission (SEC) approved applications from the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE) to list the long-anticipated options for spot Bitcoin (BTC) exchange-traded funds (ETFs). Options trading will now be available for the 11 approved ETF providers on the NYSE, including Fidelity Wise Origin Bitcoin Fund, ARK21Shares Bitcoin ETF, Invesco Galaxy Bitcoin ETF, Franklin Bitcoin ETF, […]

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