WHEN WILL THE SEC APPROVAL APPLICATIONS FOR A SPOT BTC-ETF?
🏠The SEC has predictably and finally decided to postpone consideration of all applications for spot Bitcoin ETFs until January 2024.
📈According to crypto experts and insiders, the regulator is probably going to approve a couple of Bitcoin ETFs from leading companies just before the next BTC halving in the spring of 2024 (apparently they want to buy now and then go long).
🚀Based on historical data, halving has always caused a surge of interest in BTC. Imagine what the combination of halving and the launch of a Bitcoin ETF could cause. There is a possibility that this could be the catalyst for a new bull run and break all records.
Very interesting news. But in any of the outcomes we will receive our profit, as always. In my Telegram: CryptoXVT. The publication is sponsored by my channel.