Bitcoin

Spot

James

<p style="text-align: justify;">Bloomberg Intelligence ETF analyst James Seyffart recently discussed various recent developments in the crypto ecosystem, including the potential approval of BlackRock’s Spot <a href="https://en.coin-turk.com/crypto-whales-stir-after-decades-market-speculates-on-ancient-bitcoin-transfers/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> ETF by the <a href="https://en.coin-turk.com/here-goes-the-king-of-altcoins-price-predictions-were-wrong/" data-wpel-link="internal" rel="noopener noreferrer nofollow">SEC</a> and the impact of the recent XRP decision in the <a href="https://en.coin-turk.com/whales-on-the-move-a-stirring-week-for-xrp-despite-market-downtrend/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ripple</a> case. Seyffart used the phrase “50-50” when discussing the ongoing debate about whether the SEC will approve BlackRock’s Spot Bitcoin ETF.</p> 
<h2 style="text-align: justify;" id="will-blackrock-s-etf-application-receive-approval-from-the-sec">Will BlackRock’s ETF Application Receive Approval from the SEC?</h2> 
<p style="text-align: justify;">Despite numerous rejections of Spot Bitcoin ETFs and negative statements from SEC officials over the years, BlackRock’s application for a Spot Bitcoin ETF has raised expectations that the SEC may now give the green light to Spot Bitcoin ETFs in the crypto ecosystem. However, after the SEC deemed ETF applications insufficient, many companies, including BlackRock, had to update their applications. Most recently, the SEC accepted BlackRock’s ETF application for review.</p> 
<p style="text-align: justify;"><img decoding="async" class="wp-image-234328 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/06/BlackRock-Bitcoinin-Sonu-Mu-Kripto-Paralar-Tarih-Mi-Olacak-coin-turk-com-e1687894254519.webp" alt="" width="1200" height="675"></p> 
<p style="text-align: justify;">While the debate over whether the SEC will approve Spot Bitcoin ETFs continues, Bloomberg Intelligence ETF analyst James Seyffart evaluated various significant developments in the crypto ecosystem, including the current status of BlackRock’s ETF application.</p> 
<h2 style="text-align: justify;" id="analysis-of-the-current-situation-by-bloomberg-etf-analyst">Analysis of the Current Situation by Bloomberg ETF Analyst</h2> 
<p style="text-align: justify;">In a recent interview, Bloomberg Intelligence ETF analyst James Seyffart discussed various recent developments in the crypto ecosystem, including the potential approval of BlackRock’s Spot Bitcoin ETF by the U.S. Securities and Exchange Commission and the potential impact of the XRP decision in the Ripple case.</p> 
<p style="text-align: justify;">After BlackRock updated its application, Seyffart used the phrase “50-50” when evaluating the chances of the SEC approving or rejecting the Spot Bitcoin ETF. The analyst also provided an assessment of the SEC-Ripple case.</p> 
<p style="text-align: justify;">Bloomberg Intelligence ETF analyst James Seyffart agreed with Galaxy CEO Mike Novogratz that Judge Torres’ decision was a significant win for Ripple. However, it was emphasized that despite the judge’s decision on XRP, the company may still be under the SEC’s radar, and the process for Ripple may not yet be concluded, considering possible new steps by the U.S. Securities and Exchange Commission.</p> 
<div class="sorumluluk_reddi" style="text-align: justify;"> <strong>Disclaimer:</strong> The information in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry risks due to their high volatility and should conduct their own research before making any transactions. 
</div> 
<h5>The post <a href="https://en.coin-turk.com/will-blackrocks-spot-bitcoin-etf-get-approval-from-the-sec/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Will BlackRock’s Spot Bitcoin ETF Get Approval from the SEC?</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS.</a></h5>

Will BlackRock’s Spot Bitcoin ETF Get Approval from the SEC?

목차

COINTURK NEWS

2023년 7월 21일에 게재된 다른 기사

RFK Jr vows to back US Dollar with Bitcoin- will this work?

UK Aligns with EU and Global Regulation, Rejects Proposed Crypto Gambling Law

XRP Ripple Court Ruling Boosts Liquidity Amidst Market Uncertainties

US Department of Justice strengthens Crypto crime team to tackle rising threats and safeguard inv...

Ethereum Price Analysis: Will Ethereum Fall or Rise?

Bitcoin Price Analysis: Bearish Sentiment Growing - 22 July 2023

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!