✍️_I will share my opinion on the approval of an ETF (Exchange-Traded Fund).
• First I will explain a little what these concepts mean..

🐯_ Imagine that an Ethereum ETF is like an easier way for people to invest in Ethereum, without having to directly buy the cryptocurrency. It would be like a kind of fund where you can put your money and get some Ethereum in return.

🌐_ Once we understood the previous example, it is important to know the bases of both parts:
• Ethereum is a decentralized blockchain platform that allows the creation and execution of smart contracts and decentralized applications (DApps). It is known for its native token, Ether (ETH), which is used to pay transaction and service fees on the Ethereum network.

• On the other hand, an ETF is an exchange-traded investment fund that is designed to track the performance of an underlying asset.

🤝_ By investing in an Ethereum ETF, investors would gain exposure to the price of Ethereum without needing to purchase and store the cryptocurrency directly

✍️_ The approval of an Ethereum ETF could make people in the traditional financial market invest in Ethereum and could help make Ethereum more recognized and accepted in the world.

#HotTrends

#ETF

🧡🤝🐯Thank you all very much for the support in each publication and to @CZ for creating binance🧡🤝🐯

.
$FDUSD

🧾 price = 0.9996 Down -0.04%

The ideal is to buy when it falls below -0.1%.

But it is advisable to buy a part before in case it does not fall below - 0.1%

✍️🐯_ The advantage of trading with FDUSD is 0 commission.

✍️🐯_ The advantage of the FDUSD / USDT pair is that there are no losses.

✍️🐯_ The possible disadvantages would be the low profit margin that can be obtained, and that a lot of capital is needed to have a considerable profit.

✍️_for example

if the price falls by - 0.1%

Buying 100 FDUSD and then selling again when it is at 1/1,

We have 0.1 USDT profit left...

With 1000 FDUSD

We have 1 USDT profit left...

and so on ....

✍️🐯_ FDUSD is a stablecoin issued by First Digital Labs, which is part of the First Digital Group, based in Hong Kong.

✍️🐯_ FDUSD is for those who want to benefit from Binance's zero trading fee promotion on the BTC/FDUSD USDT/FDUSD pair.

✍️🐯_ It is not a regulated issuer of stablecoins or digital assets.

✍️🐯_ FDUSD is backed by US dollar cash deposits (79%) and US treasury bills (20%) with a maturity of less than 3 months. These assets are held by banks and custodians in Hong Kong, Switzerland and Australia.

✍️🐯_ Although the reserves are in the custody of a Hong Kong trust, we believe they are not even remotely bankrupt. In the event of bankruptcy of the issuer or its holding company, user funds cannot be isolated from the liquidation process.

#Write2Earn #FDUSD #USDT

🐯✍️_ If I win the prize I will use it to increase the amount of gifts 🎁 in the daily information publications on Binance Square. If I don't win, I will still continue to give away periodically, thank you very much for this opportunity and good luck to all 🎄🍀

#BinanceWish

@PCreator
@G_18_11

#ETF #BinanceSquare #BinanceTournament #BTC 🚀📈#SEC @AnthonyCarr $BTC $MATIC $ACH

🌐 Developments in the Bitcoin ETF World: 13 Applications and Counting.

Pando Asset: The Latest Swiss Play in the Bitcoin ETF Game
Swiss firm Pando Asset has filed its latest application for a spot Bitcoin ETF with the SEC. With cryptocurrency products already listed in Europe, Pando Asset is now looking for a place in the US market.

BlackRock, Fidelity and More: The Competition for Approval
Pando Asset joins a select group that includes asset management giants like BlackRock and Fidelity, all awaiting the SEC's green light for their spot Bitcoin ETFs. Competition is fierce, and each approval could have a significant impact on the market.

Pando Asset Proposal Details
If approved, the Pando Asset ETF will be listed on the Cboe BZX exchange in Chicago, with custody by Coinbase. The company, dedicated to investment instruments in digital assets since 2022, already has a presence on the Swiss SIX stock exchange.

Seyffart: A Look at the Possible Future of the Pando Asset ETF
James Seyffart, exchange-traded fund and cryptoasset market analyst, raises doubts about the promptness of the launch of the Pando Asset ETF if it is approved. Speed ​​could be affected by the time remaining until possible approval.

Race Against Time: 6 Weeks to SEC Decision
The clock is ticking. There are just 6 weeks left until the SEC makes crucial decisions on the 13 Bitcoin ETF applications. Eric Balchunas and Seyffart project a high probability of approval, with January 10 as the key deadline.

Market Impact: BTC Seeks New Heights
The anticipation of approval has generated an increase in market demand. Bitcoin remains near $38,500, its highest point in 18 months. Investors are eagerly awaiting the possible massive entry into the market with the approval of ETFs.

📊 Follow these developments closely and prepare for possible changes in cryptocurrencies.

#BTC #Bitcoin #BinanceSquare #BinanceTournament #Binance @AnthonyCarr $BTC $LUNC $MATIC

"Bitcoin Seeks Breakout at $38,500 Resistance: Bullish Trend in Focus"

Bitcoin is at a decisive moment as it attempts to overcome the key resistance of $38,500, marking its highest level in 18 months. The cryptocurrency has demonstrated a solid bullish trend over the past month, with rising lows and highs. Despite reaching $38,499 today, resistance persists, marking the second time in weeks that it has approached $38,400.

The round figure of $38,500 not only has numerical value; It could be a psychological barrier for traders and, if it consolidates, it could become a solid support. The upward trend is supported by 100% year-to-date growth, driven by ever-increasing demand.

The anticipated approval of Bitcoin exchange-traded funds (ETFs) in the US and the upcoming halving are emerging as positive catalysts for the price. Despite the optimistic outlook, some experts warn of a possible double-top technical figure, suggesting a pullback to $35,600.

In short, Bitcoin faces a crucial test as it attempts to surpass $38,500, with an uptrend supporting its aspirations. However, caution is key in the face of potential technical challenges, underscoring the importance of maintaining a balanced view in this dynamic scenario.

#BTC #Bitcoin #BinanceSquare #ETF #SEC @AnthonyCarr $BTC $XRP $BNB

ETFs have emerged as a significant driver of the price of bitcoin, triggering a recent rise to $38,000, its highest level since May 2022.

This rally takes on special relevance just nine days before the SEC issues its verdict on two bitcoin spot exchange-traded investment funds.

Prominent figures, such as Michael Saylor, entrepreneur and founder of Microstrategy, speculate on a possible increase in the value of BTC up to ten times its current price if the ETFs are approved.

The future of the bitcoin price looks promising, thanks to the convergence of factors such as ETFs and halving.

Although exact price prediction is challenging, the outlook points to a well-founded bull market.