Why Bitcoin Rises: SEC is Negotiating with Exchanges for ETF!

Bitcoin started to rise with the new development following the decline above 5 thousand dollars experienced today, amid expectations for spot ETF approval.

A report recently presented by Reuters had put the cryptocurrency market in expectation for the January 3 date for the spot Bitcoin ETF approval. In this direction 45,800 rising up to USD and today, contrary to expectations, it experienced a huge decline of over 5 thousand dollars in just a few hours. 40,200 Bitcoin, which dropped to $100,000, started to heal its wounds with the new development on the SEC front.

FOX’s Eleanor Terrett’s post from her official X (Twitter) account spread throughout the entire cryptocurrency ecosystem. In the post, Terrett stated that the SEC has issued information regarding intermediaries applying for the Bitcoin ETF. NASDAQ, NYSE, and CBOE He stated that they were in talks with the stock exchanges.

“#SEC is holding a meeting with Nasdaq, CBOE and NYSE to finalize comments on applications submitted by spot Bitcoin ETF issuers.”

After sharing $42,400 Bitcoin, which was priced at the levels, suddenly rose again and $43,000He moved on. During news writing $43,300It is traded from. The market sees this development $1,000It was met with an increase of .

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