Bitcoin ETF

Bitcoin

Spot

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 <p><a rel="noopener noreferrer nofollow" title="Hashdex" href="https://thebittimes.com/tag/hashdex.html">Hashdex</a>, one of multiple asset management firms with a pending Spot Bitcoin ETF application, is celebrating Bitcoin’s birthday. Bitcoin was created 15 years ago, and <a rel="noopener noreferrer nofollow" title="Hashdex" href="https://thebittimes.com/tag/hashdex.html">Hashdex</a> dedicated a video to its inception and inspiration for the future of crypto.</p>
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    <p lang="en" dir="ltr">JUST IN: <a rel="noopener noreferrer nofollow" title="Hashdex" href="https://thebittimes.com/tag/hashdex.html">Hashdex</a>, Spot #Bitcoin&nbsp;ETF applicant releases video celebrating Bitcoin's birthday.<br><br> pic.twitter.com/fcnyEuxZCu</p>— Watcher.Guru (@WatcherGuru) January 3, 2024
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 <p>“Crypto is still in the early stage of adoption” the video says. <a rel="noopener noreferrer nofollow" title="Hashdex" href="https://thebittimes.com/tag/hashdex.html">Hashdex</a> calls Bitcoin a “generational investment” for its time. Now, the firm says that Bitcoin’s time has officially arrived, likely referring to the potential approval of Spot Bitcoin ETFs.</p>
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 <p><a rel="noopener noreferrer nofollow" title="Hashdex" href="https://thebittimes.com/tag/hashdex.html">Hashdex</a> is one of many asset management firms looking to secure a Spot Bitcoin ETF to make banking with crypto easier for its clients. The SEC has long pushed back its decision on Bitcoin ETF approval in the US, citing multiple concerns. However, US courts have put pressure on the regulator to make a decision, raising the hype around the Bitcoin.&nbsp;</p>
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 <p><strong>Also Read: Bitcoin 2024: PlanB Predicts $100k Amidst New Year Rallies</strong></p>
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 <p>Bitcoin has grown exponentially in the 15 years of its existence. It’s the leading cryptocurrency in its field, worth over $40,000 per BTC. With approval of Bitcoin ETF’s, the cryptocurrency is expected to not just soar, but to be implemented more by banks.</p>
 <p>For <a rel="noopener noreferrer nofollow" title="Hashdex" href="https://thebittimes.com/tag/hashdex.html">Hashdex</a> in particular, a Spot Bitcoin ETF would allow the firm to convert its existing Bitcoin Futures ETF into a spot ETF, tracking the active price of Bitcoin itself. Many experts and firms are optimistic that approval for the first ETF will come in Q4 of 2024, when likely many will follow suit.</p>
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<div class="cs-entry__tags">
 <ul>
  <li>bitcoin</li>
  <li>btc</li>
  <li>Hashdex</li>
  <li>spot bitcoin etf</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/hashdex-celebrates-bitcoin-s-birthday-in-new-video-tbt75508.html">https://thebittimes.com/hashdex-celebrates-bitcoin-s-birthday-in-new-video-tbt75508.html</a></p>

Hashdex Celebrates Bitcoin's Birthday in New Video

TheBitTimes

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