SEC akan menolak semua ETF spot bitcoin pada bulan Januari, | Aalee- di Binance Square

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SEC akan menolak semua ETF spot bitcoin pada bulan Januari, kata analis Matrixport
Inilah Mengapa #BTC  🩸#FUDDiharapkan Karena Banyak Yang Ada Di #fomo.  

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#DePIN #PassiveIncome #MiningOpportunity #mining #miningapp UpRock AI Earnings is a platform that allows users to earn passive income by sharing their internet bandwidth. Companies use the data to conduct market research, test websites, and optimize content delivery. Users can earn rewards such as $UPT, UpRock's official crypto token, in under two minutes. They can also earn tokens, airtime minutes, and travel deals. What's a people-powered AI DePIN network? Decoding the Magic Behind UpRock's Mobile-First DePIN: At the heart of UpRock lies a groundbreaking approach to AI's data needs—a sprawling, mobile-first DePIN (aka decentralized physical infrastructure) network that does more than just connect dots; it redraws the entire map of AI data acquisition. This edge layer of real-device tackles the critical demand for extensive real-world data. This isn't just about tapping into unused bandwidth; it's about laying down the tracks for an open AI future, free from the clutches of closed platforms. Crafting the Knowledge Abstraction Layer (KAL): At UpRock's core is the KAL, a masterful orchestration of advanced web crawling, intelligent routing, and state-of-the-art LLM data extraction techniques. This layer represents the heartbeat of an open AI tech stack, delivering raw, uncensored global knowledge directly to your fingertips. Rewards, Not Just Tokens: Step into UpRock's world, and you're not just earning; you're revolutionizing how data fuels AI. With over 600k contributors and counting, our network isn't just big; it's a behemoth powering the demand for an open AI future. Through UpRock's dashboard, users gain unparalleled access to the vast data market. Our rewards program not only incentivizes participation but democratizes the flow of information, making uncensored insights and rewards accessible to all. Network incentives: earn passive rewards for data contribution, redeemable & tradeable Unlock AI for deals: gain comprehensive insights for the best deals Download the UpRock App to start earning rewards now. https://link.uprock.com/i/80fbaf35

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Cryptocurrency ETFs, or exchange-traded funds, are investment funds that track the performance of one or more digital currencies. They offer a way for traditional investors to gain exposure to the crypto market without directly owning the underlying assets. The launch of Bitcoin ETFs has been a significant development, as it opens up access to Bitcoin for institutional and retail investors within a regulated framework. This can potentially increase liquidity and reduce some of the barriers associated with investing in cryptocurrencies. However, it's important to note that while these ETFs provide indirect exposure to Bitcoin's price movements, they also come with their own set of risks and considerations. For example, some Bitcoin ETFs use futures contracts rather than holding actual BTC, which can introduce additional complexities. Regulatory scrutiny is another key factor impacting crypto ETFs' future developments. The SEC has been closely monitoring this space due to concerns around investor protection and market manipulation risks associated with digital assets. Looking ahead into 2024, we may see further regulatory clarity on cryptocurrency ETFs as well as potential launches focused on other digital currencies beyond just Bitcoin. As always when considering investments in this space—whether through direct holdings or via an ETF—it's crucial for investors to conduct thorough research and understand both the opportunities and risks involved. #BTC #etf #BTC-ETF.

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Custodians of our wealth 🙄 #BitcoinETF💰💰💰 #btc $BTC

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#Bitcoin fell on Thursday, extending a decline seen earlier in the week which analysts said was sparked by rumors that U.S. securities regulators may reject applications to create an exchange-traded fund (ETF) tracking the market price of the underlying crypto asset. By 06:11 ET (11:11 GMT), Bitcoin had slipped by 4.63% to $43,069.3. The world's most well-known cryptocurrency had dropped sharply on Wednesday, dragging its value down by as much as 7% from the year's high of $45,922 reached on Jan. 2. Analysts at AllianceBernstein (NYSE:AB) said the coin's correction stemmed from a report from independent crypto trading firm Matrixport regarding the potential approval of a Bitcoin spot ETF by the U.S. Securities and Exchange Commission (SEC). In a note, Matrixport Head of Research Markus Thielen argued that the ETF applications will likely be denied because they fall short of a "critical requirement." Thielen added that SEC Chair Gary Gensler is "not embracing crypto in the U.S., and it might even be a very long shot to expect that he would vote to approve Bitcoin spot ETFs." According to Reuters, the SEC has a January 10 deadline to approve or reject a spot ETF application from Ark and 21 Shares. The ruling could set the precedent for a host of current ETF applications from several other fund managers for a similar product, including one from the world's largest asset manager, BlackRock (NYSE:BLK). Goldman Sachs is also in talks to be an authorized participant for the potential spot Bitcoin ETF funds of both BlackRock and Grayscale, CoinDesk reported on Wednesday. Speculation that the bids would get the green light from SEC partly fueled a more than 100% surge in Bitcoin in 2023. Proponents argue that the approval of a spot ETF will spur a deluge of capital inflows for Bitcoin, given that the product allows traders to invest in the token without directly holding cryptocurrency. Analysts have cautioned that the approval may not trigger as large a bull run as expected. Source :investing.com

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