Market anxiety surrounding the approval of the Bitcoin ETF: will the approval come today or not at all? Bitcoin (BTC), the world's largest cryptocurrency by market value, is facing a decisive moment in its history. Today, January 10, 2024, is the deadline for the United States Securities and Exchange Commission (SEC) to decide whether to approve or reject spot Bitcoin exchange-traded funds (ETFs). Anticipation for the SEC's verdict is enormous, as a spot Bitcoin ETF could represent a significant step forward for the cryptocurrency sector, attracting more institutional capital, improving liquidity and market dynamics, broadening the investor base, and increasing legitimacy and the recognition of Bitcoin as a financial asset. According to Bloomberg analysts, the probability of the regulator giving a favorable opinion is 90%. The most “pessimistic” experts point to an 85% probability, with a possible postponement of the decision. The expectation for a “yes” fueled the buying force in the last six months and led bitcoin to appreciate 160% in 2023. Former SEC Chairman Jay Clayton said in an interview with CNBC that approval of the spot Bitcoin ETF is inevitable but did not specify when that would happen. He stated that key regulatory hurdles appear to have been overcome, signaling a notable shift in regulators' stance towards cryptocurrencies. “There are no further deliberations to be made. We are about to see a huge breakthrough, not just for Bitcoin, but for the financial sector as a whole,” he declared. The market speculates that the SEC will approve multiple Bitcoin ETF applications simultaneously, a strategy to level the playing field for several players, including industry giants such as BlackRock, Grayscale, Fidelity, Invesco, VanEck, WisdomTree and Franklin Templeton. Galaxy Digital, in partnership with Invesco, projects that the potential market for a Bitcoin ETF in the US could reach up to $14 trillion in the first year, expanding to $26 trillion in the second year and potentially reaching $ 39 trillion in the third year after launch The scenario