Spot Bitcoin ETF Update (Patreon)

So much happening.  First check these dates out - Jan 14th 2024!!!! Something has got to give on that date or by 3.14 at latest 1 mth before halving. That fits with the 4 - 6 mths out leak and also be there in the market pre halving. This is also confluent with a rate cut from the Fed.  Wow 2024 will be amazing.

The $779 billion asset manager AB Bernstein says the approval odds for a spot #Bitcoin ETF has risen - above 70% I hear.

In addition,  ETF expert Nate Geraci says he sees Grayscale winning their lawsuit against the SEC, leading to a “100% chance” the spot #Bitcoin ETF is approved

A research report suggests that if the US approves a Bitcoin-focused exchange-traded fund (ETF), it could lead to ETFs making up 10% of Bitcoin's market value in three years. Currently, the Grayscale Bitcoin Trust holds around 4% of Bitcoin. Regulatory approval could trigger increased retail and institutional investment. The US SEC recently postponed a decision on the ARK 21Shares Bitcoin ETF application, with more applications set for review in September.