Economist and gold advocate Peter Schiff issued a pointed warning about the potential market reactions to an anticipated approval of Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC). What Happened: He believes that this event will not follow the typical “buy the rumor, sell the news” strategy. Instead, Schiff warned, “It’s a ‘buy the rumor, sell the rumor of the news’ event.” On X Schiff said, “Those who wait for the actual news to sell their Bitcoin may discover that there are very few speculators left to buy!” He expressed further concerns re…

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