-While precious metals such as gold and silver ascend and the stock market concludes its eighth consecutive week of gains, bitcoin steadies at $43,638 amidst a market teeming with intricate technical indicators.
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•In a recent tweet, renowned crypto analyst Crypto Rover has stirred excitement in the cryptocurrency community, suggesting that the launch of the highly anticipated BlackRock Bitcoin spot ETF may be just days away following regulatory approval. The analyst's insight points to key developments at the Securities and Exchange Commission (SEC), where issuers are reportedly awaiting signatures in two critical departments, 19b-4 and S-1.
•Crypto Rover pointed out that BlackRock and other issuers have been in talks about both fillings. It was suggested that the Bitcoin spot ETF is likely to launch within days after the acceptance of the 19b-4 filing. Additionally, he noted the likelihood of this happening because these issuers are already actively running marketing campaigns for their ETFs.
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