The greenlighting of spot Bitcoin ETFs in the US has sparked widespread speculation about the future price trends of the cryptocurrency.
Kicking off their market presence in the US with a strong impact, spot Bitcoin ETFs have had a stellar first day, exceeding a total trading volume of $4.5 billion on their inaugural day
After a decade of anticipation, spot Bitcoin ETFs are set to finally become a reality in the United States, thanks to official regulatory approval.
CoinGate’s report highlights 2023 as a landmark year in crypto payments, with over 1.29M transactions processed.
In a surprising turn of events, a tweet from the SEC’s official account falsely claimed approval of spot Bitcoin ETFs, only to be later revealed as misinformation.
The US regulatory authority promptly provided feedback mere hours after issuers of spot Bitcoin ETFs submitted updated fee details in their S-1 filings.
Spot Bitcoin ETFs in the US only stand a mere 5% chance of denial, as per market analysts, who are riding on the optimism for an approval this week.
New developments have made the cryptocurrency market abuzz with the possibility of the US SEC approving several spot Bitcoin ETFs.
Many market commentators have been rooting for a possible approval of a spot BTC ETF in the coming weeks.
The cross-chain protocol was hacked on 31 December, with the attacker stealing various cryptocurrencies.
