YEREVAN (CoinChapter.com) — Crypto influencer Ben Armstrong, once known as “BitBoy”, seems worried about his fading popularity. In his desperate attempt to remain relevant in the industry, he has come up with the most ridiculous plan. With the Securities and Exchange Commission (SEC) almost set to approve a spot Bitcoin ETF on Jan. 10, he wants to claim a piece of the limelight most laughably.
Our friend has set camp in front of the SEC building in a sit-in protest to force Gary Gensler to approve a spot Bitcoin ETF. No kidding. After all the work has been done and the ball is at the finish line, he wants to be the one credited for the final touchdown.
Like, seriously, BitBoy?
Ben Armstrong’s spot Bitcoin ETF strategy is a joke
When our good old BitBoy first announced his plans to head to Washington to “protest” against the SEC, almost everyone hoped he was joking. Several of his followers begged him not to go, fearing that his presence would do more bad than good (like Gary Gensler even cares about him enough).
“Today I’m going to attempt something that to this date, no one has been able to do. From the Winklevoss Twins to Cathie Wood to Blackrock, no one has been able to get a Bitcoin ETF approved. Today, I’m heading to DC to push this thing over the finish line,”
he announced on X (formerly Twitter) on Jan.8
His post was met with ridicule, with many social media users trolling him. While some reminded him of his previous arrest and the time he cheated on his wife, others pointed out how irrelevant his presence would be.
Last year, Armstrong lost the title “BitBoy” after his former colleagues allegedly kicked him out of the company he founded. Now, the crypto community sees through his dramatic posts. The fact that he is trying to take credit without doing any of the actual work isn’t lost on any of them
“Dude is gonna yell at a random guy in a suit outside the Capitol and then take credit when the ETF inevitably gets approved this week,”
one user wrote under his post.
It is evident, that a growing number of people have stopped taking him seriously. However, Ben Armstrong doesn’t seem to mind. Perhaps, any publicity is better than no publicity.
But he did go to the SEC…
Much to the disappointment of some and the entertainment of many, including perhaps of those working at the commission, Ben Armstrong arrived at the SEC headquarters.
Holding up a sign that read “I am not leaving until BTC ETF,” he went live on YouTube, speaking about his plans. What made things even more hilarious was the fact that he claimed the big corporations that have applied for a spot in Bitcoin ETF have failed to get it approved. However, he, the mighty BitBoy, was going to do it for them.
“Many men have tried before to do what I’m trying to accomplish here. The fact is, when this ETF gets approved because I’m here, they’re going to be annoyed with me. You guys are all going to respect me, this is really going to be my Mount Rushmore moment in crypto,”
he said.
After making a post asking Gary Gensler to get in touch with him, Armstrong shared a fake screenshot showing a spoof message from the SEC Chair.
But Ben Armstrong’s plans are not limited to spot Bitcoin ETF. After successfully taking credit for their approval, he intends to launch a campaign for an Ethereum ETF.
“I don’t celebrate wins by relaxing. Once I get the Bitcoin ETF approved this week, my next step will be to get the Ethereum ETF approved. All of this could be done by middle of Q2 if not end of Q1. So much work to do,”
he wrote in another tweet.
If you thought this plan was any less ridiculous, think again. The campaign for a spot Ethereum ETF approval began long ago. Giants like BlackRock have already taken steps to launch it in the future.
Nothing surprising. Just Ben being Ben. The real pity lies in the fact that several people take him seriously and encourage him to continue doing such things.
