Bitcoin ETF

Bitcoin

As <a href="https://news.todayq.com/bitcoin-race-to-46k-pumps-gains-for-coinbase-microstrategy/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin skyrockets</a> to over $45,000, the cryptocurrency market is abuzz with anticipation driven by the looming deadlines for the approval of several Bitcoin exchange-traded funds (ETFs). Reports suggest that Cathie Wood’s ARKB ETF is at the forefront, facing a critical January 10 deadline. However, industry experts speculated that multiple ETFs could receive approval simultaneously.
The <a href="https://news.todayq.com/sec-sets-dec-29-deadline-for-spot-bitcoin-etf-amendments/" target="_blank" rel="noopener noreferrer nofollow">January 10th deadline</a> for the ARKK Bitcoin ETF holds crucial importance, as it sets the stage and expectations for subsequent ETF approvals. Industry analysts and insiders are closely monitoring the developments and the mentioned date. It is expected that these key milestones could shape the digital asset investment options. Marking key dates on the calendar, the ETF approval schedule includes: 
Janaury 10: ARKK Bitcoin ETF
March 14: Bitwise Bitcoin ETF
March 15: VanEck, WisdomTree, Invesco Galaxy, Wise Origin, iShares Bitcoin ETFs
April 19: Global X Bitcoin ETF
May 30: Hashdex, Franklin Bitcoin ETF Source: Bloomberg Intelligence 
Bitcoin’s recent surge, reaching its highest level in almost two years, is closely tied to the increased expectations surrounding the potential approval of a Bitcoin ETF.
With the January 10 deadline for the US Securities and Exchange Commission (SEC) to approve a spot ETF for Bitcoin approaching, BTC has recorded a nearly 20% increase since the start of December. FOMO among investors? 
Traders in the US and Europe have reportedly given in to a fear of missing out (FOMO), contributing to early New Year’s morning buying activity. Options traders, in particular, have displayed bullish sentiments, betting on Bitcoin hitting $50,000 amidst the optimism surrounding the potential ETF approval.
The excitement surrounding the ETF approval has been building throughout 2023, with Bitcoin’s price surging over 160% year-to-date as of December 21. This surge reflects the optimism of investors eagerly awaiting the approval of the first US spot Bitcoin ETF, a milestone that could significantly impact the cryptocurrency landscape.
Discussions between the SEC and major asset managers, including BlackRock, WisdomTree, and Valkyrie, have progressed to technical details, leading experts to speculate on imminent approval by early January 3.
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Mark your calender; Deadline for each Bitcoin Spot ETF approval

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