Breaking😮
The SEC approves a spot Bitcoin ETF, opening the crypto floodgates. Learn what this means for Bitcoin's future in our in-depth analysis

On January 9, 2024, the Securities and Exchange Commission's (SEC) official X (formerly Twitter) account was hacked. The hacker posted a tweet claiming that the SEC had approved spot bitcoin exchange-traded funds (ETFs) for listing on all registered national securities exchanges.

This false news caused a brief surge in the price of bitcoin, which touched above $48,000 before falling back down to around $45,700, as investors reacted to the perceived change in regulatory stance. However, the SEC quickly clarified that the tweet was unauthorized and that they had not approved any spot bitcoin ETFs.

The hack is a serious incident that raises concerns about the security of social media accounts used by government agencies. It also highlights the potential for market manipulation through the spread of false information.

The SEC is investigating the hack and has not yet released any information about the hackers or how they gained access to the account. It is also unclear what steps the SEC will take to prevent similar incidents from happening in the future.

Stay more cautious and don't directly react on the news .

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#BTC #etf #spotbtcetf #Manipulation #sectwitterhack

Jag Kooner, head of derivatives at #Bitfinex, said that the U.S. #spotbtcetf assets under management have surpassed silver and become the second largest single commodity ETF in the United States. The current spot #BTCETFSPOT (including #GBTC ) holds 647,651 #BTC , with an asset size of $27.5 billion. The 19 ETF AUM for gold, which ranks No. 1, is $96.3 billion - The Block

Saat Harga Bitcoin (BTC) Mencapai $39,000, Spot BTC ETF Akhirnya Mendapat Jendela Persetujuan Resmi.

Bitcoin (BTC) mencapai tonggak penting, dengan harganya melonjak hingga $39,000 di bursa Bitstamp tepat pada pukul 16:45 UTC. Ini menandai level tertinggi yang dicapai mata uang digital sejak awal Mei 2022.

Lonjakan ini sejalan dengan pengungkapan baru-baru ini tentang jendela persetujuan resmi untuk ETF Bitcoin spot, sebuah langkah yang telah lama dinantikan di sektor kripto.

Dalam postingan baru-baru ini di jaringan media sosial X, analis ETF terkemuka James Seyffart mencatat bahwa jangka waktu untuk potensi persetujuan ETF Bitcoin spot oleh Komisi Sekuritas dan Bursa AS (SEC) secara resmi ditetapkan antara 5 Januari dan 10 Januari. Pengumuman ini telah membangkitkan kegembiraan yang besar dalam komunitas mata uang kripto, dengan Seyffart menyarankan bahwa perintah persetujuan apa pun kemungkinan akan dikeluarkan pada 8, 9, atau 10 Januari. Seyffart menyarankan ada kemungkinan 10% atau kurang bahwa persetujuan tersebut mungkin tidak terjadi sesuai perkiraan. jangka waktu. Dia berspekulasi bahwa penundaan seperti itu bisa terjadi jika Ketua Gary Gensler memutuskan untuk "menjadi nuklir".

Lonjakan harga Bitcoin ke puncak barunya pada tahun 2023 dapat dikaitkan dengan beberapa faktor penting. Lonjakan baru-baru ini disebabkan oleh pandangan optimis para investor berpengaruh dan perubahan kondisi ekonomi.
#BTC #bitcoinetf #BTCETF #etf #spotbtcetf
$BTC

IT'S COMING 👀 !

Just now six out of 13 who have filed for spot BTC etf have annouced their fees , but the actual date is still yet to be announce .

Approval anticipation heats up- Speculation about a potential January 5th approval for a spot Bitcoin ETF has been running high, contributing to a recent price rebound for Bitcoin. However, some analysts caution against excessive optimism, suggesting approval is more likely between January 8th and 10th.

SEC in final stages- The SEC is reportedly providing final comments to applicants, suggesting issuers will soon file their final forms for approval. Both the 19b-4 and S-1 forms need SEC approval before an ETF can start trading, though an approved 19b-4 is considered the key hurdle.

Other key points:

Institutions' interest wanes slightly: Despite growing enthusiasm in 2023, institutional interest in crypto appears to be cooling slightly as the ETF approval nears.

Bitcoin price rebounds- The anticipation of a spot ETF has buoyed Bitcoin's price, which currently sits above $44,500 after dipping below $41,000 earlier in the week.

BlackRock paves the way for Grayscale LTC ETF: Grayscale, a prominent crypto asset manager, may be able to convert its Litecoin Trust into an ETF thanks to BlackRock's ETF filing.

Market reactions- Mixed reactions continue across the crypto market, with some expecting a major rally from a spot ETF approval while others remain cautious about potential downsides.

Remember, the situation is still fluid and the exact timing of the ETF approval remains uncertain.

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#BTC #btc #spotbtcetf #BlackRockInCrypto #BULLİSH2024