The US Securities and Exchange Commission (SEC) will decide on spot Bitcoin ETF applications from major firms such as BlackRock and Fidelity in early 2024. 📈 BlackRock, the world's largest asset manager, is an important candidate in the spot BTC ETF race thanks to its successful history with the SEC and partnership with Coinbase. 🏆 Approval of a spot Bitcoin ETF, especially if it comes from a firm like BlackRock, is expected to significantly increase the price of Bitcoin and could potentially go as high as $100,000. 💰