Upcoming Bitcoin ETF decision by SEC: Here is what it means
@Adela Steele:
The anticipation for the ETF approval has been building throughout 2023, with Bitcoin's price rising over 160% year-to-date as of December 21. The surge reflects investors' optimism for the approval of the first US spot Bitcoin ETF, which would mark a significant milestone for investors.Reflecting this trend, concept stocks like Coinbase have seen a surge of 125% since November 2023, while Marathon Digital has experienced an impressive 166% increase in the same period.Bitcoin spot VS Futures ETF: What's the difference?A bitcoin spot ETF is a type of exchange-traded fund that aims to provide investors with direct exposure to the current market price of bitcoin.In this context, "spot" refers to the immediate or current price of the underlying asset, which is bitcoin itself. A bitcoin spot ET