#BITCOIN WILL KEEP PUMPING!
And here is why:
BlackRock has taken a proactive stance by engaging with the SEC to expedite the ETF approval process. This marks a pivotal moment, particularly in light of prior communication challenges with the SEC.
What makes this development even more noteworthy is that it effectively implies the pricing in of a Bitcoin Spot ETF into the current market value.
The crypto community eagerly awaits the potential green light for this ETF, as it could usher in a new era of accessibility and legitimacy for Bitcoin, catering to both institutional and retail investors, and potentially reshaping the landscape of cryptocurrency investments.