#BTC110KToday?
šŗšø U.S. Government + Bitcoin: Whatās Going On?
ā 1. Bitcoin ETFs Approved
⢠The U.S. SEC approved multiple spot Bitcoin ETFs (BlackRock, Fidelity, etc.).
⢠This means Bitcoin is now being bought by institutions and traded like gold or stocks.
⢠It also gives Bitcoin regulatory legitimacy, which reduces long-term risk.
š Translation: The government isnāt banning BTC, itās letting Wall Street adopt it.
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šŖ 2. Government Holds Bitcoin
⢠The U.S. government owns over 200,000 BTC from seizures (e.g., Silk Road, Bitfinex hacks).
⢠They occasionally sell, but mostly hold ā a sign they recognize BTCās value.
ā ļø When they sell, it may cause short-term dips, but not long-term crashes.
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š§¾ 3. Crypto Regulation is Coming
⢠The U.S. is finalizing laws to regulate crypto as an asset, not ban it.
⢠Bills like FIT21 and the RFIA aim to make crypto safer, more transparent, and fully legal.
š® In the long run, clear rules = more adoption = Bitcoin price up.$BTC