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 Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term’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.

Spot #Bitcoin ETFs have arrived.

Here’s how they work 👇

— Binance (@binance) January 11, 2024

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

Introducing ARKB: The ARK 21Shares Bitcoin ETF, providing regulated exposure to bitcoin.

• Low TER: ARKB's total expense ratio (TER) is .21%, one of the lowest on the market.

• Fee Waiver: 21Shares will waive its entire management fee until 10 July 2024 or until assets reach… pic.twitter.com/eRDUIXZkCQ

— 21Shares US (@21shares_us) January 11, 2024

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.

Market volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term happens. When preparing for the future, consider whether your stock and bond mix matches your tolerance for risk: https://t.co/AbqyEPfNcU pic.twitter.com/tVWcV1Bs6K

— Fidelity Investments (@Fidelity) November 15, 2023

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

Did you #BlockYourCalendar? pic.twitter.com/CCcw7XkdPe

— Galaxy (@galaxyhq) January 10, 2024

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

A word to the wise, from a man of few words. #bitcoinisinteresting https://t.co/wantGiAIqJ pic.twitter.com/x5MPbElEev

— Bitwise (@BitwiseInvest) December 18, 2023

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.

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.

Is tomorrow the day the spot Bitcoin ETF wins approval? CIO @stevenmcclurg spoke to @FortuneMagazine’s @leomschwartz about what he is watching for from the SEC, his views on cash versus in-kind redemption models, and more. Check out his insights: https://t.co/X8a76whmAa

— Valkyrie (@ValkyrieFunds) January 9, 2024

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

pic.twitter.com/AbYgwICEMI

— Hashdex (@hashdex) January 5, 2024

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

We expect $GBTC will commence trading as an ETF tomorrow, January 11, capping off over a decade of careful planning and hard work.
For important info & disclosures, visit: https://t.co/nayoA6agcZ

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Grayscale Bitcoin Trust (BTC) (the “Trust”) has filed a registration statement… pic.twitter.com/hkDwn6vlo1

— Grayscale (@Grayscale) January 11, 2024

Calm Amid the Storm

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

The #SEC's recent approval of a #BitcoinETF represents a significant shift in the cryptocurrency landscape. What phase will this decision signal for Bitcoin and the wider #crypto market? Read more to find out!

🔗 https://t.co/0Ep9OwUrEr#financemagnates #fmnews #cryptonews pic.twitter.com/yRZ1gtKEAh

— Finance Magnates (@financemagnates) January 11, 2024