Just now: BlackRock and VanEck update Bitcoin ETF filing within hours of quick SEC response
#BTC $BTC

BlackRock (BLK) and VanEck are two of 13 firms looking to launch Bitcoin (BTC) exchange-traded funds (ETFs) in the United States, having filed updated documents on Tuesday.

Both entities were among the potential issuers on which the U.S. Securities and Exchange Commission (SEC) issued comments in the past 24 hours, filings show.

CoinDesk reported earlier that the U.S. Securities and Exchange Commission issued comments to potential issuers of a series of spot Bitcoin ETFs, hours after the companies filed documents detailing fees for their proposed products on Monday.

One of the language changes in Tuesday's latest update to the filing is aimed at mitigating shareholder losses in the event of bankruptcy and avoiding conflicts of interest among ETF authorized participants.

The latest filings show an almost unprecedented engagement between the SEC and potential issuers, with filings following the SEC's response and then updates within 24 hours.
The SEC is widely expected to approve all applications this week, as Ark and 21 Shares have one of their filings facing a deadline of January 10, 2024, this Wednesday, and may want to approve them all together in the spirit of fairness Apply.

Review of the summary of major BTC events in 2023: BTC merchant adoption rate nearly tripled
1. **Growth in the number of global Bitcoin payment merchants:**
- The number of merchants worldwide that accept Bitcoin payments will nearly triple in 2023, with significant growth especially in Central and South America and the Philippines.

2. **Honduras Special Economic Zone Próspera advances Bitcoin integration:**
- The Honduran Special Economic Zone Próspera recognizes Bitcoin as a unit of account, strengthening financial freedom in the region.
- The initiative allows the market value of goods and services to be measured in BTC.

3. **SEC warns against FOMO-driven crypto investments:**
- The U.S. Securities and Exchange Commission (SEC) issued a stern warning about the risks of FOMO-driven crypto investing, especially as a Bitcoin ETF decision is about to be announced.

4. **Surge in Bitcoin payment merchants around the world:**
- In 2023, the number of merchants worldwide accepting Bitcoin payments will almost triple, from 2,207 at the beginning of the year to 6,126 at the end of the year.
- The geographical distribution shows that there are more Bitcoin payment merchants in Central and South America, while there are relatively few in Africa and Asia, and the United States and Europe perform strongly.

5. **Próspera, Honduras uses Bitcoin as the unit of account:**
- The Próspera Special Economic Zone on Roatan Island in Honduras officially recognizes Bitcoin as a unit of account.
- The decision allows the use of BTC to measure the market value of goods and services, providing more financial freedom for locals.

6. **SEC Warning on FOMO Investing:**
- SEC issues warning ahead of Bitcoin ETF decision deadline, highlighting FOMO-driven investment risks.
- The warning was interpreted as uncertainty about the likelihood of Bitcoin ETF approval, or as a reminder not to get too excited.

7. **Social media speculates SEC warning related to ETF decision:**
- Social media is full of speculation about the SEC warning, which some believe may be a sign that the ETF will be approved, while others believe that the SEC is trying to protect investors because the ETF may not be approved.
- The SEC made it clear that investors should not make decisions based on FOMO and celebrity endorsements.

8. **Historical background of SEC’s investment in FOMO:**
- The SEC has repeatedly warned against FOMO investing, emphasizing the volatility of digital assets and the high risk of being affected by social media.
- Point out that investment decisions should not be influenced by trends and social media in case of sudden changes in market dynamics.
#BTC $BTC

Former SEC Chairman Says Bitcoin ETF Approval Is Inevitable

1. Former SEC Chairman Jay Clayton said that Bitcoin ETF approval is “inevitable.”
Indicating the market’s optimism about the approval of the Bitcoin ETF.

2. The Bitcoin ETF approval process is accelerated:
Bitcoin ETF applicants submitted revised documents to the SEC, indicating that the approval process may be accelerated.

3. Crypto market sentiment is extremely greedy:
The Cryptocurrency Fear and Greed Index reached “Extreme Greed,” showing market confidence in Bitcoin ETFs.

4. Lazarus Group activities are restarted:
The Lazarus Group, which is linked to the North Korean government, has shown that its activities have resumed by moving more than $1 million in Bitcoin.
The activity occurred at the same time that the Bitcoin ETF candidate filed revised documents with the SEC.

5. SEC may historically approve Bitcoin ETF:
Former SEC Chairman believes Bitcoin ETF approval is “possible” and “imminent.”
Clayton emphasized that Bitcoin’s infrastructure improvements have made it easier to participate in traditional financial markets.

6. The activities of the Lazarus Group attracted attention:
Lazarus Group activity may be related to Bitcoin ETF decision deadline.
The group showed it is ready for more activity by moving Bitcoin.

7. Former SEC Chairman’s praise for blockchain technology:
Jay Clayton expressed his affirmation of the potential of blockchain technology for the tokenization and trading of real-world assets.
Said this is a critical moment for change in the entire financial industry.

8. Review of the historical activities of Lazarus Group:
The Lazarus Group’s past activities in the field of cybercrime include the 2022 Ronin Bridge hack. #BTC $BTC

Just now: For the first time in history, a "golden cross" formed, with the 50-week moving average crossing the 200-week moving average. Bullish! #BTC $BTC

The market is so cool #bonk $BONK

Just follow the instructions and call #powr $POWR