BTCSpotETF

SEC’s Decision on Spot Bitcoin ETFs Could Go a Few Different Ways: WSJ

Approval would be a two-step process: The SEC has to greenlight the filings known as 19b-4s from the exchanges that outline the rule changes permitting the new class of funds to trade, and make the registration statements from the asset managers effective, before the funds can start trading.

Four scenarios that could play out Wednesday:
1. The SEC approves all 11 applications simultaneously
2. The SEC rejects all 11 applications
3. The SEC could approve or reject some of the applications while delaying its decisions on others.
4. The SEC approves the filings from the exchanges, but stalls on S-1 and S-3 filings from asset managers

*Wednesday’s deadline is for the review of Cboe’s 19b-4 filing submitted on behalf of ARK and 21Shares. That means that the agency’s two divisions could be working on different timelines, leaving the funds in limbo if their registration statements aren’t declared effective.

#ETF #btcspotetf #etf

Bitcoin ETFs accumulate massive holdings

Current share: 7% of total BTC supply.
BlackRock alone owns 746,810 BTC, setting the tone for the industry’s future.

#ETFs. #BTCSpotETF $BTC

#BTCSpotETF #BlackRock⁩
$BTC
💥BREAKING: BlackRock bought $253.10 MILLION worth of #Bitcoin yesterday.

🔥trade on BTC
🔜Trade on 👉 BTC
↪️ duration👉 one week
🆕Entry Target 🎯=> 95,0045
↪️Position => spot trading
💥🎉Take profit=> 105.88
🛑Stop loss=> no stop loss
#BTC #BTC #BTCSpotETF

$BTC /USDT Spot Trade Analysis
Buy Range: $99,500 - $100,000
Targets:
Target 1: $101,000
Target 2: $103,000
Stop Loss: $98,300
Market Insight: The price hovers near $100,000, a critical psychological level. A bounce from this zone signals potential upside. If this support fails, expect further downside. Monitor closely for volume confirmation.
#BTC #BTCSpotETF