The Bitcoin and crypto space is poised for a potentially transformative week, with several key events that could have far-reaching implications for the market. Let’s delve into the specifics of each event:
#1 Spot Bitcoin ETF Approval – Friday
As Bitcoinist reported earlier today, a critical window is currently open for the SEC to potentially approve all 12 spot Bitcoin ETFs. The deadline ends on November 17, after which newer filings will enter a public comment period. This is especially interesting because it is assumed that the SEC aims to avoid favoritism in a highly competitive market, as highlighted by industry experts. Remarkably, the SEC needs to make a decision on two spot Bitcoin ETFs by Franklin Templeton and Hashdex by November 17!
#2 US CPI Report – Tuesday
The Consumer Price Index (CPI) report is set to be released on November 14, 8:30 am ET. The leading inflation metric in the US is anticipated to show a decrease on a year-over-year (YoY) basis to 3.3% in October f
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