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Bitcoin price will surge past $150K if spot ETFs are approved: Analyst

The price of Bitcoin (BTC) will surge past an eye-watering $150,000 by the end of 2024, as long as the current slew of United States spot-Bitcoin exchange-traded funds (ETFs) are approved, according to investment research boutique Fundstrat.In an Aug. 16 interview on CNBC’s Squawk Box, Fundstrat’s managing partner and head of

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SEC decision on Bitcoin ETFs won’t leave out Wall Street giants

The Securities and Exchange Commission's (SEC) delay in deciding whether to approve a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States is fueling expectations that a final verdict will come in a batch that includes key players on Wall Street, including BlackRock and Fidelity. "There’s a tremendous amount of

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Bitcoin ETFs to push US slice of crypto ETF trading volume to 99.5% — Analyst

The United States could make up for 99.5% of the global trading volume for crypto-related exchange-traded funds (ETF) — but only if spot Bitcoin ETFs are approved, according to a Bloomberg ETF analyst.Currently, North America accounts for 97.7% of all crypto ETF trading volume, Bloomberg senior ETF analyst Eric Balchunas

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SEC Likely to Approve Several Spot ETFs Sparking, Next Bitcoin (BTC) Rally: Matrixport

There is a high possibility that several spot bitcoin (BTC) exchange-traded-funds (ETFs) could be approved in quick succession by The U.S. Securities and Exchange Commission (SEC), triggering the next move higher for the world’s largest digital currency, crypto services provider Matrixport said in a report Thursday. Source

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Cathie Wood predicts SEC simultaneously allowing multiple spot crypto ETFs: Report

ARK Investment Management founder and CEO Cathie Wood has reportedly suggested that the United States Securities and Exchange Commission (SEC) will approve multiple spot Bitcoin exchange-traded funds, or ETFs, at the same time.In an Aug. 7 interview with Bloomberg, Wood predicted the SEC would approve “more than one [ETF] at

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Michael Saylor Says Bitcoin ETFs Will Be The ‘Super Tanker’ For His MicroStrategy (MSTR) ‘Sports Car’

Since adopting its bitcoin strategy, which is to convert all of its earnings from its core software intelligence business into bitcoin, the company has generated a 254% return, outperforming the cryptocurrency, which has risen 145% since then, according to a research report from TD Cowen. Source

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MicroStrategy to stay on Bitcoin course even if spot ETFs approved: Saylor

MicroStrategy co-founder Michael Saylor believes his firm will remain an enticing way for investors to gain exposure to Bitcoin (BTC) regardless of any future exchange-traded fund approvals.He has also confirmed his firm's intention to continue adding more Bitcoin to its balance sheet, including with the potential proceeds of a planned

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