Bitcoin ETF

Bitcoin

Giant

<p>The post <a href="https://coinpedia.org/news/sec-decision-on-bitcoin-etf-applicants-expected-by-january-4-hinted-by-a-giant-investment-firm/">SEC Approval for Spot Bitcoin ETFs Expected in JUST 2 Days, Hints Giant Investment Firm</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>In a significant update, the SEC is set to announce its decision on <a href="https://coinpedia.org/news/will-sec-approve-bitcoin-etf-in-the-next-7-days-exploring-the-probability/">spot Bitcoin ETFs </a>by January 3 or 4. This news has already propelled Bitcoin’s value up by 5%, surpassing $46,000 and marking a notable 9% increase for both the week and the year.</p> 
<p>Needless to say, the excitement and anticipation is very high in the crypto community. Here are all the details you need to know. </p> 
<h2 class="wp-block-heading" id="h-awaiting-the-sec-announcement">Awaiting the SEC Announcement </h2> 
<p>The financial world is closely watching as the U.S. SEC prepares to make a statement about spot Bitcoin ETFs, a move that many experts have been anticipating.</p> 
<p>BlackRock, a key player in finance, recently shared with Fox Business media about the potential approval of spot Bitcoin ETFs. They believe the SEC could give the green light as early as January 3 or 4, setting the stage for a significant shift in the crypto market.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">UPDATE: <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f7e0.png" alt="🟠" class="wp-smiley" style="height: 1em; max-height: 1em;"> It was reported the SEC would give Bitcoin ETF applicants the green light today/tomorrow for a launch by next week.<br><br>Sources from BlackRock told Fox Business that approval is now likely to come by the end of this week.<br><br>It's coming and it's not priced in! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>— Bitcoin Archive (@BTC_Archive) <a href="https://twitter.com/BTC_Archive/status/1742137453090144274?ref_src=twsrc%5Etfw">January 2, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>If approved, several asset managers are ready to introduce spot Bitcoin ETFs on major exchanges like Nasdaq, Cboe BZX, and NYSE Arca. The anticipated launch date is <a href="https://coinpedia.org/news/sec-held-conference-call-with-all-spot-bitcoin-etf-applicants-approval-expected-by-jan-10th-2024/">January 10,</a> giving the market a clear timeframe to prepare for this important event.</p> 
<p>Also Read: <a href="https://coinpedia.org/news/bitcoin-bulls-be-ready-to-pay-more-as-funding-rate-jumps-to-66/">Bitcoin Bulls Pay Premium as Bitcoin Funding Rates Hit New Highs: Is an ETF Really Worth It?</a></p> 
<h2 class="wp-block-heading" id="h-bitcoin-continues-soaring">Bitcoin Continues Soaring!</h2> 
<p>Amidst the regulatory discussions, Bitcoin’s value has surged by over 5%, crossing the $46,000 mark. This increase represents a notable 9% gain for Bitcoin over the week and year-to-date.</p> 
<p>Bitcoin’s recent upward movement suggests it could reach around <a href="https://coinpedia.org/news/breaking-down-2024-analysts-bullish-on-bitcoin-with-a-note-of-caution/">$47,600</a> soon. This positive trend reflects the overall market sentiment, generating excitement among traders and investors.</p> 
<p><strong>Crypto’s defining moment is NOW.</strong></p> 
<p>With the SEC’s forthcoming announcement and Bitcoin’s impressive performance, the crypto market is entering a significant phase, highlighting the growing importance and potential of digital currencies.</p>

SEC Approval for Spot Bitcoin ETFs Expected in JUST 2 Days, Hints Giant Investment Firm

Indice dei contenuti

CoinPedia News

Altri articoli pubblicati su 2 gen 2024

Ripple and SEC Have Court Dates Slated for Feb, Mar, and Apr 2024

RNDR Price Prediction: Will RNDR Carry Forward Bull Rally to $10?

MicroStrategy’s bold Bitcoin bet ahead of 2024 halving

Will SEC Approve Bitcoin ETF in the Next 7 Days? Exploring the Probability

Bitcoin Mining Surge Boosts Kyrgyzstan’s Tax Revenue Amid Regulatory Challenges

NFTs in sports: are they good for athletes’ careers?

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!