Bitcoin To $200,000? Crypto Trader Lists 6 Reasons Tied to BlackRock's Potential ETF Approval
Portfolio Pulse from Mehab Qureshi
An analyst suggests that Bitcoin's value could surge to over $200,000 if BlackRock's ETF gets approved. The Securities and Exchange Commission (SEC) has delayed its decision on spot bitcoin ETF applications, affecting applicants such as BlackRock, WisdomTree, Invesco Galaxy, Wise Origin, VanEck, Bitwise, and Valkyrie Digital Assets. At the time of writing, BTC was trading at $26,182.36.
September 25, 2023 | 11:51 am
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Bitcoin's value could surge if BlackRock's ETF gets approved. The SEC's decision on spot bitcoin ETF applications has been delayed.
The approval of BlackRock's ETF could lead to a significant increase in Bitcoin's value. However, the SEC's decision has been delayed, which could impact the timing of this potential surge.
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