The post Will SEC Approve Bitcoin ETF in the Next 7 Days? Exploring the Probability appeared first on Coinpedia Fintech News
Bitcoin has commenced 2024 on a bullish note, surpassing the $45,000 mark for the first time since April 2022, marking a 6% increase in value. This rise is attributed to growing anticipation around the potential approval of spot Bitcoin Exchange-Traded Funds (ETFs) by the U.S. Securities and Exchange Commission (SEC).
Presently valued at $45,364.58, Bitcoin’s surge is fueled by optimism regarding its mainstream acceptance. However, many analysts warn of a potential price correction post ETF approval, highlighting the need to monitor Bitcoin’s response to regulatory changes in the coming days.
SEC’s Bitcoin ETF Review: Approaching Decision Day
The latest update on the much-anticipated spot Bitcoin ETF revolves around the ongoing review of the S-1 forms submitted by various entities aiming for the ETF before the December 29, 2023 deadline. Eleanor Terrett
We współpracy z: https://coinpedia.org/news/will-sec-approve-bitcoin-etf-in-the-next-7-days-exploring-the-probability/
