𝗠𝗮𝘆 𝟯𝟭, 𝟮𝟬𝟮𝟰

Huge : SEC has notified #ETH🔵 ETF issuers to submit first draft S-1 forms by Friday.

The initial market reaction to the launch of Spot #Ethereum💰 #ETFs will likely be negative, wrote a team of #JPMorgan analysts.

#BitcoinSpotETF , $ARKB records outflow of $100 million yesterday.

**Breaking News:** 🚨 Bloomberg analyst James Seyffart reports that Bitwise has submitted a third amendment to its Bitcoin spot ETF application, but the designation of Authorized Participants (APs) has not been finalized, and the fee structure remains undisclosed. #Bitwise #BitcoinSpotETF 📄💼🤔

📈 Spot $BTC ETFs reached $111 billion in March - almost 3x February's $42.2B, according to Eric Balchunas.

#BitcoinSpotETF #ETFs #TrendingTopic

Only a few will understand...

The #BlackRock’s #BitcoinSpotETF has a 1:1 backing with real $BTC

#BlackRock currently owns 11,500 #BTC

This is just the beginning...

**Breaking News:** 📺 VanEck, the American asset management company, releases an advertisement for a Bitcoin spot ETF via Official X (formerly Twitter), as it navigates the high opportunity cost of Bitcoin advertising by promoting the ETF. #BitcoinSpotETF 📈📺

THE BAD NEW AND THE GOOD NEW! 🔴⚠️🟢 Watch Out! 👇

Let's start with the bad new. As you heard from several sources, the Iran's attack has caused mass panic among investors. That caused a 10.5% drop on $BTC and a 12% on $ETH . Most of the sell off has then been converted into gold. In fact, its price skyrocket up by 41.8%. Also, as you may noticed stock market hasn't been affected yet, because during the weekend is close. Thus, I do really recommend to be on alert and watch out on Monday morning how it will open!

THE GOOD NEW 🟢
The bullish new is about the approval regarding the spot bitcoin ETFs in China (Hong Kong). As you may know, the crypto market was banned there. In my opinion, that's a massive bullish new, because it will offer a huge opportunity for Chinese investors! Thanks to the acceleration of regulators, the approval process will happen in less than few weeks (before May). From my point of view, bitcoin recovering will happen after the halving and the new fresh inflows from China. In the meanwhile I'll monitor 62k and 58k BTC supports!

DYOR & Stay Safe! 🙏

#BitcoinAlert #BitcoinWarnings #BitcoinHalving2024 #BitcoinSpotETF #BitcoinHalvingImpact

🔥🔥🔥 Grayscale Investments files for a #BitcoinSpotETF in the US 😍😍😍

Grayscale Investments is a digital currency asset manager with over $60 billion in assets under management. The company has been trying to launch a #BitcoinspotETF for several years now, but the US Securities and Exchange Commission (SEC) has so far rejected all applications.

#CryptoNews🔒📰🚫 #BTC #BinanceSquareTalks

**Breaking News:** 🚀 Bloomberg ETF analyst Eric Balchunas highlights that BlackRock has designated Jane Street and JP Morgan as Authorized Participants (APs) for its Bitcoin spot ETF, emphasizing their important role in facilitating ETF transactions. #BitcoinSpotETF 📄🏦📈

📊 Report by Security.org, cited in The Block, reveals that 21% of non-crypto owners are more likely to invest if a Bitcoin spot ETF is approved. Surveying 1,500 Americans, 40% claimed cryptocurrency ownership, a 10% YoY increase. Of those without crypto, 15% intend to buy this year, and 46% believe Bitcoin spot ETF approval will benefit the blockchain industry. 📈💼🤝 #BitcoinSpotETF #CryptocurrencyTrends

Citing a Coinbase report, CoinDesk indicates that the approval of a Bitcoin spot ETF in the U.S. is anticipated to broaden the cryptocurrency market's base, accompanied by a significant surge in demand. David Duong, Head of Institutional Research at Coinbase, notes that the BTC Spot ETF could enhance liquidity for all participants, easing restrictions for large asset managers and institutions to buy and hold BTC within regulatory compliance, thereby expanding cryptocurrency adoption. Duong suggests that the overall cryptocurrency market capitalization could witness a multi-billion dollar increase, especially considering the potential for a BTC ETF to serve as a haven amid escalating geopolitical tensions. 🚀💼 #BitcoinSpotETF #CryptoMarketExpansion

**Breaking News:** 🚀 Invesco and Galaxy have submitted amendments to their Bitcoin spot ETF applications, designating JP Morgan Securities and Virtue America as Authorized Participants (APs), who facilitate ETF transactions, according to Bloomberg analyst James Seyffart. #Invesco #Galaxy #BitcoinSpotETF 📄🏦📈

**Breaking News:** 🏦🪙 JP Morgan, the largest U.S. bank, is designated as an Authorized Participant (AP) for BlackRock's Bitcoin spot ETF, despite JP Morgan CEO Jamie Dimon's public criticism of cryptocurrency. Dimon previously stated that "the only use case for cryptocurrency is crime." #JP Morgan #BlackRock #BitcoinSpotETF 📄🔀

📊 Bloomberg analyst James Seyffart expresses his anticipation for SEC approval of the Bitcoin spot ETF, aligning with Fox Business reporter Eleanor Terrett's view that the SEC might send signals to issuers before official approval. He expects actual trading for the spot ETF to commence shortly after SEC approval, potentially within days. 🚀💼📈 #BitcoinSpotETF #SECApproval

🔥🔥🔥Navigating the #BRC20😘 Landscape: Key Projects to Watch for Strategic Positioning in the Crypto Narrative.

With the anticipation of a #BitcoinSpotETF , the BRC20 narrative is gaining traction. Here are some projects to consider for potential positioning:

Bridges:

- MUBI: Facilitates safe transfers of tokens between ETH, BTC, and MATIC. Has already processed over $77 million in bridge volume within its first month.

- RenBridge: Enables cross-chain transfers for a diverse range of assets, including BTC, ETH, and ERC-20 tokens.

- Synapse Protocol: Offers secure cross-chain bridging for various assets, including BTC, ETH, and stablecoins.

Infrastructure:

- trac_btc: Provides infrastructure for developers to build on Ordinals by indexing data and offering API endpoints.

- Ordinals: Enables the inscription of data directly onto individual Bitcoin satoshis, opening new possibilities for NFTs and other use cases.

Tokens:

- $ORDI: The primary token for Ordinal NFTs on the Bitcoin blockchain.

- $WRBTC: A wrapped version of Bitcoin on the Ethereum blockchain, offering increased liquidity and accessibility for BRC20 applications.

- $tBTC: Another wrapped version of Bitcoin on the Ethereum blockchain, issued by Keep Network and Chainlink.

Additional Factors:

- Team and advisors: Research the team's experience and expertise in blockchain technology and their understanding of the BRC20 narrative.

- Community and partnerships: Look for projects with a strong and active community, and those forming strategic partnerships with major players in the blockchain space.

- Technology: Analyze the project's underlying technology and its potential for scalability, security, and user adoption.

- Market fit: Consider the market need for the project's solution and its potential to capture a significant share of the BRC20 market.

Disclaimer: This information is for educational purposes only and should not be considered financial advice. Conduct your own research and due diligence before making any investment decisions.

#CryptoNews🔒📰🚫 #BinanceSquare $BTC $ETH

The #BlackRock #BitcoinSpotETF has a 1:1 backing with real #BTC

BlackRock currently owns 44,557 #Bitcoin

This is just the beginning...
$BTC #Write2Earn

The #BitcoinSpotETF could literally get accepted any day now...
#BTC $BTC

The #BTC #Halving event is just 124 days out.

The introduction of the first #BitcoinSpotETF is happening in under 26 days.

This suggests an increase in demand alongside a decrease in #Supply

We are still early.

**Breaking News:** 💼 Bloomberg analyst James Seyffart notes that VanEck has modified the ETF to a cash-only method through an update. VanEck also released an advertisement for its Bitcoin spot ETF on Official X (formerly Twitter). #BitcoinSpotETF 📄💰📺

**Breaking News:** 📄 Several Bitcoin spot ETF applicants, including BlackRock, Fidelity, Invesco, Galaxy, and Valkyrie, have submitted amendments and disclosed their list of Authorized Participants (APs). The APs play a crucial role in the ETF ecosystem. #BitcoinSpotETF 🪙📈