Coinbase, one of the largest cryptocurrency exchanges in the world, is also known for its close relationship with regulators, especially in the USA.
Coinbase’s size and position in the industry suggest that it can learn some news in advance.
A tweet that Coinbase shared and subsequently deleted instantly caused excitement for exactly this reason.
Share Deleted from Coinbase
Looking at the tweet shared from Coinbase’s official twitter account and instantly deleted, it can be seen that the exchange has announced the approval of a Bitcoin ETF.
This screenshot, captured by some Twitter influencers, highlights Coinbase’s expectation of growth in crypto funds and the SEC’s approval of the Bitcoin ETF.
The Bitcoin ETF was a product that has been requested since 2019 but was not approved by the US.
Especially considering how hard institutional investors have struggled for the Bitcoin ETF, the fact that the US finally accepts it could definitely change everything.
— db (@tier10k) September 28, 2021
It is known that VanEck, which will be decided in November, is the most prominent among the companies that have applied for Bitcoin ETF at the moment.
It is thought that the SEC may approve the ETF in order not to lose more capital, especially after the Bitcoin ETF approved in Canada this time.
With a confirmation from the USA, Bitcoin can definitely achieve an unprecedented rise.
But of course, Coinbase hasn’t done any verification on this and we just have to wait.