#SEC has once again postponed its decision on spot Bitcoin#ETFapplications from major financial institutions such as #BlackRock,#Valkyrieand #Bitwise.
There are applications from#Fidelity#Wisdomtree#VanEckcompanies awaiting decision.
There is no doubt that spot Bitcoin ETFs will be approved.
However, the SEC, on its part, is waiting for the right time for approval.
When#ETFApproval news is served to the market one after another, we will witness serious jumps in #Bitcoin.
Although it is not possible to predict the bottom in this sector, it is possible to make profits with conscious investments.
Especially in the long term (5-10 years), this sector will create a large number of new dollar millionaires.