Bitcoin Soars Past $47K, Outstrips Meta in Market Cap Amid ETF Speculation and Intense Trading
Submitted by Anonymous (not verified) on Mon, 01/08/2024 - 22:50

Bitcoin could rally 10%-15% more in case the SEC approves spot bitcoin ETFs, LMAX strategist Joel Kruger noted.
In a highly anticipated week for the crypto industry, the approval or rejection of Bitcoin ETF applications hangs in the balance.
One train of thought says that SEC approval of spot bitcoin ETF will send the market flying. Here’s how that could play out.
Just one potential spot bitcoin ETF issuer has set a management fee above 1%, and many of the others are asking for less than 0.5%.
The entire crypto world and much of the U.S. financial sector is anxiously awaiting word from the U.S.
The Grayscale Bitcoin Trust's (GBTC) $27 billion of bitcoin and $350 million of daily volume gives Grayscale an advantage versus BlackRock and othe
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