good news! The U.S. Securities and Exchange Commission (SEC) has finally approved applications for 11 spot Bitcoin ETFs, including ARK 21Shares, Invesco Galaxy, VanEck, WisdomTree, Fidelity, Valkyrie, BlackRock, Grayscale, Bitwise, Hashdex, and Franklin Templeton. This means that a spot Bitcoin ETF may start trading soon!

Bloomberg ETF analyst James Seifert said that these prospectuses are about to take effect and everyone is ready for tomorrow. VanEck predicts that by the first quarter of 2024, approximately $2.4 billion will flow into spot Bitcoin products. The crypto investment fund Bitwise predicts that spot Bitcoin ETFs may capture $72 billion in assets under management within five years.

Bitcoin has a promising future, what do you think about it? Welcome to chat in the comment area!