Will spot Bitcoin ETF approvals happen in January 2024
Decision later in the week?
Apparently, the SEC was yet to examine the changes made to the S-1 forms. Recall that all big names including Grayscale and BlackRock submitted their amended S-1 forms to the regulator in order to be considered for the “first wave” of potential approvals in January 2024.
Bitcoin roars to $45,000 on New Year’s Day
But now or few days later, market participants were still upbeat about the eventual outcome.
Bitcoin broke above $45,000, starting 2024 on a strong note, according to CoinMarketCap. This was the first time that the king coin breached this key level since April 2022.
