JUST IN🚨🚨: 🇹🇭 Thailand approves their first spot Bitcoin ETF. $BTC

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For the first time in history, Bitcoin ETF at just of 137 days $20 billion dollars blushed #BTC☀ #BTCETFApproval

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Just in - The Korea Exchange (KRX) has applied for an innovative financial service to create a pilot market for new securities, signaling a groundbreaking move in the financial world. Industry experts have anticipated the potential opening of a Security Token Offering (STO) market. This development also means a revolution for the cryptocurrency field.
#BTC #BTCETFApproval #security🔒
$BTC $ETH $BNB

📊 According to Coinbase's David Duong, head of institutional cryptocurrency research, in his 2024 cryptocurrency market forecast report, cryptocurrency market capitalization has more than doubled this year, signaling the end of the "crypto winter." He believes the industry needs to focus on building a reliable and innovative cryptocurrency ecosystem. Duong predicts that institutional investors will continue to focus on BTC in early 2024, and BTC's price may rise due to factors like the upcoming BTC halving, U.S. interest rate policy changes, and concerns about commercial real estate. He also anticipates that BTC may outperform traditional asset classes. Duong highlights the potential impact of a BTC spot ETF approval in the U.S., which could lead to significant market changes by lowering the investment threshold and attracting more institutional investors as cryptocurrency regulations continue to evolve. 📈💼 #CryptoForecast #BTCETFApproval #CryptoMarketAnalysis

JUST IN: Spot Bitcoin ETF applicants submitted their final registration of securities amendments:

• VanEck
• Bitwise
• Fidelity
• Valkyrie
• Franklin
• ArkInvest
• Grayscale
• BlackRock
• WisdomTree
• Invesco Galaxy

#BTC #BTCETFSPOT #etf #BTCETFApproval $BTC

🚀 SEC Chairman on BTC Spot ETF:
- No pre-judgment on approval.
- Emphasizes thorough review process.
- Acknowledges challenges in the crypto sector. #SecurityBreach #BTCETFApproval 📊🚀

What you want say about this hacking #BTCETFApproval

Bitcoin Bull Market? #BTCETFApproval #ETH

Bitcoin Shakes Off Binance News, Rises Above $37K as Spot ETF Approval Eyed

Bitcoin price remained resilient on Wednesday, despite news that Binance was facing a $4.3 billion fine from the US Department of Justice. The cryptocurrency rose above $37,000 as investors remain hopeful for the approval of a spot Bitcoin ETF.
#etf #BTC #bitcoinetf #BTCETFApproval
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🍀According to Cathie Wood, she anticipates SEC approval for a Bitcoin Spot ETF by January 10, 2024, citing enhanced SEC comprehension of cryptocurrency.

🍀Wood envisions Bitcoin serving as a hedge against inflation and deflation, akin to an investment in physical gold within five years.

#ETFApproval2024 #BTCETFApproval

❤️‍🔥Hong Kong is ready to approve Spot Etf, Btc and Eth by monday.🤩
#ETFtrading
#BTCETFApproval
#WIF

VanEck CEO: "It’s impossible for me to imagine some other internet store of value will leapfrog #Bitcoin ." 👏

#btc #BTCETFApproval $BTC

Ark Invest Adapts Crypto Portfolio: Shifts in Bitcoin ETF Holdings

Recent reports from Foresight News reveal that Ark Invest has made notable adjustments to its cryptocurrency portfolio. The investment firm purchased 523,541 shares of the ARK 21Shares Bitcoin ETF, amounting to approximately $21.05 million. Simultaneously, Ark Invest sold 648,091 shares of the ProShares Bitcoin Strategy ETF, valued at around $12.85 million.

These strategic transactions shed light on Ark Invest's dynamic approach to the cryptocurrency market, indicating a shift in their holdings across different Bitcoin ETFs. Both the ARK 21Shares Bitcoin ETF and ProShares Bitcoin Strategy ETF serve as investment vehicles offering exposure to Bitcoin's performance, enabling investors to engage with the cryptocurrency indirectly.

Ark Invest's moves suggest a potential confidence in the performance outlook of the ARK 21Shares Bitcoin ETF compared to the ProShares Bitcoin Strategy ETF. However, it's essential to recognize that investment strategies evolve, and this recent activity may not necessarily signify a long-term commitment to one ETF over the other. The cryptocurrency market's dynamic nature often prompts adjustments to optimize investment positions based on evolving trends and performance expectations.#BTCETFApproval #BTC🔥🔥 $BTC $ETH

We are nearing the Bitcoin ETF approval. What do you guys think BTC price will be in weeks after that? Will BTC touch 100k? #btcto60k #BTCETFApproval

Giant asset management company Fidelity has applied for Ethereum Spot ETF.

*This is not investment advice.

$ETH $BNB $BTC
#ETH #BTC #etf #CryptoTrend #BTCETFApproval

Bitcoin's Price Dips Below $40,000 Amidst Selling Surge Despite Spot ETF Inflows

Bitcoin (BTC) has witnessed a decline below $40,000, marking its lowest point since December. Despite substantial inflows into newly launched spot exchange-traded funds (ETFs) on January 11, the selling pressure has outweighed buying sentiments.

After the spot bitcoin ETFs were introduced, BTC surged to $49,000 momentarily but has since been on a downward trajectory, breaching the $40,000 threshold. Despite this recent dip, Bitcoin still maintains a value over double from its levels a year ago.

Although the new spot ETFs, notably BlackRock's (IBIT) and Fidelity's (FBTC), have accumulated more than $1 billion in assets under management within a week, this positive influx is contrasted by a multi-billion dollar outflow from Grayscale's GBTC product. Investors seem to be taking profits or transitioning to alternative, lower-cost investment vehicles, impacting existing spot bitcoin exchange-traded products and futures-based ETFs like ProShares' (BITO).

As Bitcoin's trend turns bearish for the first time since October 2, 10x Research suggests a potential decline into March towards $38,000. This prediction aligns with a cautious outlook for the first quarter of 2024, emphasizing the need for vigilance in the rapidly evolving cryptocurrency landscape.$BTC #BTCETFApproval