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🗣️ ETF specialist Eric Balchunas predicts on X: US SEC will likely yield to Bitcoin spot ETF launch eventually. 🏛️ Balchunas suggests SEC could suddenly signal ETF launch news despite response deadline or review schedule. 🚀 Grayscale's win raises 2023 ETF approval chances to 75%, while 2024 approval likelihood stands at 95%. 💼 Judges' unanimous dismissal of SEC's arguments post-Grayscale victory reinforces positive outlook. 📊🔍
#ETFInsights
#CryptoRegulations
#SECOutlook
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📊 Bloomberg ETF analyst Eric Balchunas reports that the nine BTC spot ETFs saw a significant increase, reaching $1.2 billion in AUM, adding $3 billion in the first four trading days with a remarkable trading volume of $5.4 billion. BlackRock BTC Spot ETF (IBIT) leads with over $1 billion AUM, followed closely by Fidelity FBTC, and Bitwise BITB holds third place. 💼💹 #Bitcoinworld
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💬 Samson Mow, CEO of Jan3 and Bitcoin advisor during El Salvador's Bitcoin adoption, criticizes JP Morgan CEO Jamie Dimon, stating, "Banks that delay embracing cryptocurrency risk falling behind," emphasizing the need for banks to become Bitcoin-friendly and adapt to the evolving financial landscape. 🏦🪙 #Bitcoinworld
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🚀 Inscription platform LessGas receives undisclosed strategic investment from SatoshiLab, aiming to bolster Bitcoin L2 technology expansion and introduce new small to medium-sized dApps. "Significant revenue allocation for dApp developers and the LessGas community," as stated by LessGas. 💰🌐 #Bitcoinworld
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