- Industry experts remain bullish about the imminent Bitcoin ETF launch at the outset of 2024.
- Bitcoin shows a minor dip in 24 hours while the market awaits Bitcoin ETF launch.
- Major altcoins like Solana and Avalanche also experienced substantial declines over the last 24 hours.
A recent Bloomberg report shared insights on the changing crypto environment in connection with the anticipations of an imminent Bitcoin ETF launch. While Bitcoin experienced a minor dip in the last 24 hours, altcoins like Solana and Avalanche, which showed impressive hikes in the previous days, exhibited a notable decline.
Though there is speculation about the Securities and Exchange Commission’s (SEC) approval of the ETF applications submitted by a dozen firms, including BlackRock, Grayscale, and Ark Invest, the regulator’s decision on the matter remains a question. However, a majority of industry experts remain bullish about the much-anticipated ETF approval.
Castle Island Management’s Founding Partner, Nic Carter, asserted that the market is “almost certain” about the regulator’s positive approach to the E…
The post Market Experiences Uncertainty While Bitcoin ETF Launch Nears appeared first on Coin Edition.