Spot BTC ETF May Reach $3 Billion in Initial Post-Launch Days, Trading Broker Says + More News
Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news.
In this edition:
__________
Trading broker Market Haven’s experts noted that a green light for a Bitcoin (BTC) exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) would pave the way for a surge in crypto adoption, given that it would integrate BTC into conventional, regulated financial avenues.
According to the press release, the crypto landscape will evolve with this new momentum.
A Market Haven spokesperson said that the anticipated launch of a spot Bitcoin ETF stands as a notable moment for the industry, adding:
“It is expected to generate a staggering demand, potentially reaching up to $3 billion in the initial days.”
This would be a breakthrough move that would usher in “a new epoch for traders to dive into crypto waters,” they added.
The spokesperson continued. “The SEC’s approval of Bitcoin ETFs is not just a milestone, it is a catalyst that is set to electrify the entire crypto market. This fundamental decision marks a paradigm shift, signaling a wave of institutional investment and legitimizing cryptocurrencies in the mainstream financial arena.”
XRP Healthcare, a Pharma and Healthcare platform on the XRP Ledger, and The Burnratty Investment Group announced the launch of investment tickets for their Private Healthcare mergers and acquisitions venture in Africa.
The announcement stated that this investment opportunity offers a chance for individuals and institutions to actively participate in the growth and transformation of the healthcare sector on this continent.
With an investment range starting at $300,000 and reaching up to a maximum of $3,000,000,
Read more on cryptonews.com
