Bitcoin ETFs Cause Social Media Meltdown

Thursday, 11/01/2024 | 09:06 GMT by Louis Parks
  • The SEC came through, approving Bitcoin ETFs and Twitter has exploded.
  • Celebrations, adverts, humor and some very serious people.
  • Discover just what the biggest players are saying.
Bitcoin ETF

Bitcoin ETFs are a thing. Last night the SEC approved their operations and Bitcoin evangelists the world over have taken to Twitter and other platforms to shout the news from the rooftops.

Some are serious, obviously appealing to men in suits. Others remind us here at Finance Magnates of a child who’s ingested too many “E” numbers. It’s a party atmosphere over on Twitter, sorry, X, with some organizations and institutions trying to keep calm and act professional while others are losing all sense of decorum.

And all this comes after the SEC's little Twitter whoopsie, of course.

Crypto Twitter - Elation with Some Calm Heads

Here, we take a look at how Bitcoin ’s biggest names, including the ETFs themselves, are reacting to the news.

We kick off with Binance who are, amazingly, quite restrained. They’re posting useful information.

21Shares, likewise, are also posting very serious, adult content. Go to them and Binance if you actually want to understand what’s going on.

Fidelity Investments, they of the Fidelity Wise Origin Bitcoin Fund don’t appear to be awake. Perhaps they partied a little too long, but their Twitter feed is disappointingly quiet. Check this out from November.

Galaxy are playing it cool, with a (relatively) clever little Tweet. We admit it, we smiled.

But. Forget today. Bitwise are the people who brought us this, all the way back in December. Nobody’s done it better.

VanEck’s Twitter admin clearly needs to step away from their phone and take a breath. They’ve eaten too many Smarties and they should calm down. But more power to them.

Bitcoin ETF
Evidence of an admin who clearly needs to slow down.

You get the feeling that Valkyrie have got better things to do than get on social media. But, they did speak to Fortune before it all kicked off. Sensible of them.

Hashdex. OK. That’s cute. It’s not as good as BitWise, but we give credit where credit’s due. Get it?

Grayscale. True to their name, they’re a little dull. Informative, but a little dull. Someone has to keep their heads.

Calm Amid the Storm

And then, there's your trusted news source, us.

Bitcoin ETFs are a thing. Last night the SEC approved their operations and Bitcoin evangelists the world over have taken to Twitter and other platforms to shout the news from the rooftops.

Some are serious, obviously appealing to men in suits. Others remind us here at Finance Magnates of a child who’s ingested too many “E” numbers. It’s a party atmosphere over on Twitter, sorry, X, with some organizations and institutions trying to keep calm and act professional while others are losing all sense of decorum.

And all this comes after the SEC's little Twitter whoopsie, of course.

Crypto Twitter - Elation with Some Calm Heads

Here, we take a look at how Bitcoin ’s biggest names, including the ETFs themselves, are reacting to the news.

We kick off with Binance who are, amazingly, quite restrained. They’re posting useful information.

21Shares, likewise, are also posting very serious, adult content. Go to them and Binance if you actually want to understand what’s going on.

Fidelity Investments, they of the Fidelity Wise Origin Bitcoin Fund don’t appear to be awake. Perhaps they partied a little too long, but their Twitter feed is disappointingly quiet. Check this out from November.

Galaxy are playing it cool, with a (relatively) clever little Tweet. We admit it, we smiled.

But. Forget today. Bitwise are the people who brought us this, all the way back in December. Nobody’s done it better.

VanEck’s Twitter admin clearly needs to step away from their phone and take a breath. They’ve eaten too many Smarties and they should calm down. But more power to them.

Bitcoin ETF
Evidence of an admin who clearly needs to slow down.

You get the feeling that Valkyrie have got better things to do than get on social media. But, they did speak to Fortune before it all kicked off. Sensible of them.

Hashdex. OK. That’s cute. It’s not as good as BitWise, but we give credit where credit’s due. Get it?

Grayscale. True to their name, they’re a little dull. Informative, but a little dull. Someone has to keep their heads.

Calm Amid the Storm

And then, there's your trusted news source, us.

About the Author: Louis Parks
Louis Parks
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Louis Parks has lived and worked in and around the Middle East for much of his professional career. He writes about the meeting of the tech and finance worlds.

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