Jan 11: Bitcoin ETF Milestone: SEC Approval Sparks Market Movement, Grayscale Takes Lead
Daily Crypto News11 Tammi 2024

Jan 11: Bitcoin ETF Milestone: SEC Approval Sparks Market Movement, Grayscale Takes Lead

The cryptocurrency market has reached a pivotal moment with the U.S. Securities and Exchange Commission (SEC) approving a Bitcoin exchange-traded fund (ETF), a long-awaited development in the crypto world. This historic approval has had an immediate impact on the market, with Bitcoin experiencing a dip and then a bounce back, while Ethereum surged past $2,500, signaling a wave of investor reactions and market recalibrations.


Grayscale Investments has claimed a significant victory in this new ETF landscape, boasting the first spot Bitcoin ETF to be traded. This accomplishment not only represents a win for Grayscale but also marks a major step forward for the broader cryptocurrency market, offering investors a more regulated and mainstream avenue for Bitcoin exposure. The SEC's approval and Grayscale's subsequent success are expected to pave the way for more institutional investment and possibly usher in a new era of crypto-financial products.

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News Links 👇


https://decrypt.co/210763/bitcoin-etf-approved-sec


https://decrypt.co/212368/bitcoin-dips-then-bounces-after-etf-approval-while-ethereum-tops-2500


https://www.coindesk.com/markets/2024/01/11/grayscale-claims-bragging-rights-for-first-spot-bitcoin-etf-to-trade/?_gl=1*76ed0*_up*MQ..*_ga*MTg5MzY0ODc5NC4xNzA0OTczMDM0*_ga_VM3STRYVN8*MTcwNDk3MzAzMy4xLjAuMTcwNDk3MzAzMy4wLjAuMA..

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!


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Oct 15: On-Chain Assets Could Hit $100 Trillion by 2030

Oct 15: On-Chain Assets Could Hit $100 Trillion by 2030

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15 Loka 17min

Oct 14: Steak ‘n Shake / Bitcoin Loyalty

Oct 14: Steak ‘n Shake / Bitcoin Loyalty

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14 Loka 17min

Oct 13: 99% Nuked in Minutes — The Day Altcoins Died

Oct 13: 99% Nuked in Minutes — The Day Altcoins Died

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13 Loka 25min

Oct 10: Pavel Durov Blasts Governments for Turning the Internet Into “A Tool of Control”

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10 Loka 12min

Oct. 9: Bets on Bets, Monad Airdrop & BNB Chain is Ripping

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9 Loka 17min

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8 Loka 20min

Oct 7: Zcash Surges 240%. Privacy Coins Make a Comeback?

Oct 7: Zcash Surges 240%. Privacy Coins Make a Comeback?

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7 Loka 18min

Oct 6: GalaxyOne Offers 8% APY as Galaxy Digital Targets Retail

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6 Loka 22min

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