SEC Bitcoin ETF Decision Could Lead to $155B Market Surge

Bitcoin price could surge to $50k-$73k if SEC approves bitcoin spot ETFs, adding up to $155B to market.

Fund inflows from spot ETFs could dwarf previous GBTC inflows, which added just $5.5B during last bull run.

Franklin Templeton, BlackRock, Fidelity among big financial firms seeking bitcoin spot ETF approval from SEC.

SEC declining to appeal Grayscale ETF case seen as positive sign for eventual approval.

First SEC deadline to approve/deny a bitcoin spot ETF is January 10, 2024 for ARK 21Shares filing.