Justin Sun, founder of the Tron network Bitcoin He issued an optimistic forecast after the ETF approval. Sun draws attention with his statement claiming that China may also be examining the spot BTC ETF arena. pulled.
The approval of Bitcoin ETF in the United States🇺🇸 demonstrates that the trend of cryptocurrencies is unstoppable. In the near future, Asian and Chinese 🇨🇳markets will also embrace this opportunity, and Bitcoin will eventually reach the world’s eight billion people.
NEWS CONTINUES BELOW— HE Justin Sun 孙宇晨 (@justinsuntron) January 11, 2024
SEC’s spotlight in the USA Bitcoin ETF The approval of their application marks a historic moment for the cryptocurrency community. Optimism about potential approval also sent the crypto market soaring last year, contributing to a nearly 160% increase in Bitcoin price in 2023.
Justin Sun He predicted that countries in the Asian market, especially China, could also follow this step.
Immediately following the SEC’s decision, Hong Kong Legislative Council member Johnny Ng called on the Special Administrative Region (SAR) government to take a leading role in the virtual asset industry. Emphasizing the importance of rapid implementation of spot Bitcoin ETFs, he commented, “The SAR government should promote the implementation of spot ETFs as soon as possible.”
Ng also emphasized the need for comprehensive public education on virtual assets to raise awareness and reduce the risk of criminal activities associated with them. In particular, the SEC’s approval of the Spot Bitcoin ETF is considered a milestone that attracts the attention of global investors.