I think here ibit its very bullish from here but also its too much risky anyway this with Hong Kong etf maybe can force the market price to go up
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As the United States continues to approve Bitcoin spot ETFs, more and more funds are entering the market. Undoubtedly, these institutions have made a lot of profits. However, the bull market for Bitcoin cannot last forever: The overall economic performance in the United States is struggling, and the issue of inflation has not been fundamentally resolved. The...
BlackRock ( NYSE:BLK ), one of the world's largest asset managers, is eyeing a bold move to follow its successful Bitcoin ETF debut with an Ethereum ETF. However, the journey to market and successfully promote an Ethereum-backed product might not be as straightforward as it seems. The Bitcoin ETF Success Story: BlackRock's ( NYSE:BLK ) entry into the...
Hello, folks! If this is your first time reading one of my ideas, welcome, hope you enjoy it. If you are a regular visitor of my ideas, thank you! Let's discuss the fuss around Bitcoin Exchange-Traded Funds (ETFs). With 8 Bitcoin ETFs awaiting regulatory approval, decisions are anticipated between January and March 2024, let's consider how this could shake up...
In a world where market dynamics often border on the theatrical, FTT token finds itself in the spotlight. 🌟 Let's dive into the nuances of this intriguing crypto token, against a backdrop of regulatory oversight and market maneuvers. 📉 A Closer Look at the Charts: Shorting Opportunity at $7.8: Our analysis indicates a ripe shorting opportunity at around $7.8....
It’s been reported that BlackRock has engaged in preliminary discussions with Jane Street, Virtu Financial, Jump Trading, and Hudson River Trading, with regards to their potential involvement as market makers for a spot Bitcoin ETF. Amid the crypto crackdown, a BTC ETF, if approved, would open a new pathway for U.S.-based firms to get a piece of the crypto action...
We don't know when the ETF from BlackRock will be approved so this is the worst possibility of COINBASE:BTCUSD if this ETF is not approved as soon as possible BINANCE:BTCUSD will return to 19999.19 usd support! or if it is not strong enough to hold the support at 19999 it will return to 16778, I hope next month it will be approved by the SEC.
Bitcoin enthusiasts have reason to be slightly bullish given recent developments in the market. While BlackRock's decision to file for a bitcoin trust instead of an ETF might initially disappoint some, it's important to recognize that the trust and the ETF have similarities, as many people rightly point out. Although there are technical differences, particularly...