I believe that there is a high probability that the door will be opened for more institutions to enter the market, such as the Ethereum ETF, which is highly anticipated by the industry.
JinseFinanceAmid the Bitcoin exchange-traded fund (ETF) craze, wild price predictions are flying around. Even if the SEC approves these ETFs, many expect a "sell the news" event to cause Bitcoin prices to drop 30% below current levels.
JinseFinanceIf the SEC does reject spot ETF applications, expect all applicants to sue the regulator
JinseFinanceFidelity and Bitwise have made similar moves, underscoring a growing trend among financial firms aiming to offer spot ETFs.
JinseFinanceFidelity Wise Origin Bitcoin Fund filed a Form 8-A reporting approval to register its shares as securities on the Cboe BZX exchange.
JinseFinanceWidely followed economist Alex Krüger is issuing a warning to traders about Bitcoin (BTC), saying that the crypto king could crash after the approval of a spot market exchange-traded fund (ETF).
ZoeyMatrix on Target writes that “Bitcoin is set for an explosive surge to $50,000 in January.” After a typical mid- to late-December consolidation, Bitcoin is poised for a strong wave of early-year buying power that could see it break through resistance levels.
JinseFinancePando Asset AG's recent filing for a spot Bitcoin ETF signals a strategic move in the competitive crypto landscape. The timing aligns with heightened anticipation of SEC approval, as Bitcoin experiences a notable rally. Pando's entry, alongside major players, underscores the evolving dynamics of the crypto market, presenting opportunities amid regulatory and economic uncertainties.
BerniceA letter to the U.S. SEC secretary outlines its differences in rejecting bitcoin spot ETFs and accepting bitcoin futures ETFs.
CointelegraphLast month, the watchdog gave the thumbs-up to Teucrium’s Bitcoin futures ETF, which is the first such vehicle to be approved under the ’33 Act.
Cointelegraph