JUST IN - Billionaire Chamath says:
This is the most important year in #Bitcoin   's existence. It will cross the chasm and we will see mainstream adoption. #BTC #etf #BitcoinETFApplication $BTC

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$BTC We want strong buyer at this area #BTC $42950 to $43941

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**Breaking News:** 📅 Bloomberg analyst James Seyffart expects detailed information, including APs (brokers), commissions, and seed funds, from the 11 asset management companies applying for the Bitcoin spot ETF to be disclosed starting on January 8th. Seyffart is on the lookout for potential approvals until January 10th, with two current applicants, Invesco and Valkyrie, already disclosing their APs, fees, and seed funds. Seyffart notes that most applicants have prepared APs and are aware of approximate fees, and any missing public information must be revealed before the SEC signs the ETF application (S-1), although it's not required for the 19b-4 approval process. 📊💼 #BitcoinETFApplication 📢🌐

Leading investment bank Goldman Sachs is eyeing a stake in the much-anticipated spot Bitcoin ETF through Grayscale and BlackRock.

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📈 Bitcoin Price Alert: BTC is currently trading at $41683,. Despite market fluctuations, it holds strong in the ever-evolving world of cryptocurrency. Stay tuned for more updates! 💰🔍 #BitcoinETFApplication #bitcoin $BTC

The approval of a spot Bitcoin ETF is inevitable because there is nothing left to decide, according to former SEC Chair Jay Clayton.

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Market analyst TD Cowen believes that the United States Securities and Exchange Commission (SEC) will green-light the spot Bitcoin ETF to maintain its regulatory control over the cryptocurrency industry.

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🚀 BIG Bitcoin ETF NEWS: Is the Launch Date Confirmed? 📅🌐

Excitement brews as the U.S. Securities and Exchange Commission (SEC) nears the final stages of approving spot Bitcoin ETFs. However, the anticipated launch date for these groundbreaking ETFs remains shrouded in uncertainty. Let's delve into the latest updates on this much-anticipated Bitcoin ETF news!

1. Launch Date Speculations: January 11, 2024?

Rumors circulate about a potential vote by SEC commissioners on the approval of Bitcoin ETFs early in the upcoming week. The 19b-4 amendments by 11 spot Bitcoin ETF applicants, with S-1 filings expected by January 8, 2024, add fuel to the anticipation. Bloomberg Intelligence analyst Eric Balchunas suggests that SEC officials are gearing up for a Bitcoin ETF launch on January 11, 2024, possibly announcing to all 11 applicants simultaneously.

📆 Countdown to Launch: Is January 11 the D-Day?

Previously, expectations hinted at a gap between the SEC's announcement and the start of ETF trading. Balchunas notes that the paperwork aligned with SEC requirements is essentially completed, raising hopes for a seamless launch.

2. Anticipated Final Approval: Mid-Week Confidence

Discussions between SEC officials and stock exchanges are reportedly progressing positively, setting the stage for potential spot ETF approval in the week starting January 8, 2024. Representatives from investment management firms express confidence in attaining final approval of S-1 filings by late Tuesday or Wednesday, aligning with the SEC's deadline for the Ark 21Shares Bitcoin ETF.

🌐 Stay Informed, Stay Ahead: The Bitcoin ETF Saga Unfolds!

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