Yesterday might have exposed how vulnerable bitcoin could be to a 'sell the fact' trade following the launch of a bitcoin ETF.Two reports hit:1) The first was an extremely flimsy analysis piece from a no-name firm speculating that an ETF approval could be submarined because Democrats are running the SEC. That led to a 6% drop.2) The second was a sourced report from Fox Business that the SEC was meeting with exchanges to finalize ETF filings. "The meetings are seen as a positive sign that the SEC is nearing approval of some or all of the dozen applications by major money managers and crypto firms for the product, according to people at the firms who asked not to be quoted by name," Fox rep
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