Posted 11/22/2023, 6:10:06 PM
Bitcoin Price Could Skyrocket to $141k if SEC Approves Bitcoin ETFs, Raising New Optimism
- Report predicts Bitcoin could reach $141k if SEC approves spot BTC ETF, potentially attracting $14bn in investment
- Grayscale met with SEC to discuss converting Grayscale Bitcoin Trust into a spot ETF
- BlackRock making progress towards getting regulatory approval for spot BTC ETF
- New token BTCETF raised over $1.3m in presale, aims to benefit from ETF hype
- BTCETF has deflationary token burns tied to ETF application milestones and Bitcoin price targets