Bitcoin ETF Floodgates Will 10X the BTC Halving
The SEC Bitcoin ETF green light will 10X the effect of the Bitcoin Halving on Bitcoin's price, according to Stanford's Fred Krueger! Blackrock, Fidelity, Valkyrie, Bitwise, Ark Invest, and the other Bitcoin ETF applicants have put what looks like the finishing touches on the proposals, with Bloomberg giving 90% approval odds of all, or a majority of spot ETFs, in January. Blackrock has also added a clause to allow banks exposure to BTC through their spot ETF. The runway is clearing for Michael Saylor's $5,000,000 Bitcoin target! You don't want to miss this one!!
There is no second best!!
#bitcoin #bitcoinetf #blackrock #larryfink #arkinvest #cathiewood #bitcoinnews #bitcoinpriceprediction #fidelityinvestments #jurrientimmer #btc #simplybitcoin #michaelsaylor #microstrategy #etf #bitcoinhalving
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Sources and Media
► +12 Spot ETFs issuers, Everyone competing for a piece of the 21M: https://twitter.com/mdbitcoin/status/1734974495079665673?s=61&t=VU_9F5guzrqARbDNu9avDg
► Global bank Standard Chartered #Bitcoin research note:
- Expect multiple $BTC ETFs approved in Q1, 2024
- Institutional money to pour into Bitcoin
- $100,000 price target in 2024: https://twitter.com/BTC_Archive/status/1735276538528932151?s=20
► Bitwise predicts when spot Bitcoin ETFs are approved by the SEC, they will "collectively be the most successful ETF launch of all time." https://twitter.com/BitcoinMagazine/status/1735345043983028573?s=20
► Bitwise predicts Bitcoin will hit a new all-time high of $80,000 in 2024. https://twitter.com/WatcherGuru/status/1735347326699417649?s=20
► The Bitcoin ETF approval is inevitable. https://twitter.com/BTC_Archive/status/1735281617571029482?s=20
► Valkyrie filed its fourth amendment to its spot #Bitcoin ETF with the SEC
► The strategic review of BlackRock for accessing the Spot Bitcoin ETF bypasses the concerns of the SEC. https://en.cryptonomist.ch/2023/12/14/the-strategic-review-of-blackrock-for-accessing-the-spot-bitcoin-etf-bypasses-the-concerns-of-the-sec/
► Ex-Credit Suisse executive launches Bitcoin and crypto exchange for banks and securities firms. https://twitter.com/BitcoinMagazine/status/1735296855951409372?s=20
► Financial giant Cantor Fitzgerald CEO: "I am a fan of Bitcoin, just Bitcoin. https://twitter.com/bitcoinmagazine/status/1734906970929352790?s=61&t=VU_9F5guzrqARbDNu9avDg
► According to the Bank for International Settlements - (BIS). Starting January 1st, 2025. Banks will be allowed to hold up to 2% of cryptocurrencies in their reserves. https://twitter.com/SimplyBitcoinTV/status/1735254449835401544?s=20
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