Matrixport report: The U.S. SEC is expected to approve a Bitcoin spot ETF in January next year, and Bitcoin may rise to more than $50,000 by the end
According to the latest report from Matrixport on December 22, it is expected that the US SEC will approve a Bitcoin spot ETF in January next year, and Bitcoin may rise to more than $50,000 by the end of January next year. This corresponds to historical events such as the launch of Bitcoin futures by the Chicago Mercantile Exchange (CME Group) in 2017.
Recent events, including the increased TV advertising by ETF applicants during the Christmas period, indicate that the market is about to explode. If approved as expected, it is expected that the price of Bitcoin will reach $50,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin’s legitimization, BlackRock shatters records, buy-in soars: Spot bitcoin ETFs mark one-year anniversary
With one year in the books, spot bitcoin ETFs have generated over $660 billion in trading volume.After amassing over $50 billion in assets under management (AUM) in the past year, BlackRock’s IBIT fund emerged as the clear leader among spot bitcoin ETFs.Bitcoin’s standing as an accepted asset class took on new shape thanks to the new financial instruments.
Dewhales' partnership x TreeHouse
Flockerz Soars Past $9.5M In Presale – Only 11 Days Left To Buy Vote-To-Earn Meme Coin At Low Price
Biden Pushes Controversial Crypto Regulation in His Final Days as U.S. President
Trending news
MoreCrypto prices
More
