Bitcoin ETF Approval Could Come Next Week, But Impact Remains Uncertain
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A Bitcoin ETF could launch in the U.S. as soon as next week after years of SEC rejections, allowing more investors to gain exposure.
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If no ETF is approved, the crypto market likely won't react positively based on today's price drop after a bearish prediction.
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With over a dozen ETF applications pending, volume and interest could be dispersed across multiple new products.
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Grayscale's Bitcoin Trust converting to an ETF could draw significant interest as accredited investors unload shares.
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An ETF may see muted short-term interest and flows, disappointing those expecting an immediate Bitcoin price surge.