BlackRock, Nasdaq and SEC Discuss Rule Changes for Bitcoin ETF Listing
Representatives from BlackRock, Nasdaq, and the SEC have met to discuss necessary rule changes for listing a spot bitcoin ETF. The meeting focused on Nasdaq's proposed rule change to list and trade shares of the iShares Bitcoin Trust. Analysts predict that a mix of catalysts and historical behavior could push bitcoin to as high as $160,000 in a bull market expected to take off in 2024, with demand from spot ETFs being a contributing factor. MicroStrategy's Executive Chairman Michael Saylor believes that the coming spot bitcoin ETFs could be the biggest development on Wall Street in 30 years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Judge denies appeal from promotor accused in $18M crypto fraud case
BTC sees pre-Thanksgiving lift after ‘healthy’ correction
While acknowledging potential headwinds for risk assets, Galaxy’s Alex Thorn notes there are also plenty of catalysts
Fed’s preferred inflation reading is as expected, but shows prices are sticky
The Fed’s preferred inflation gauge showed that prices increased 0.2% from September and 2.3% annually
Investors in DeFi casino Mpeppe claim token can't be traded, lacks liquidity
Trending news
MoreCrypto prices
More
