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As the market eagerly anticipates the U.S. Securities and Exchange Commission's (SEC) potential approval of the first Spot Bitcoin ETF in the coming hours, the spotlight turns to the substantial seed funds invested by various issuers.
According to Bloomberg, in a groundbreaking move, the U.S. Securities and Exchange Commission (SEC) has, for the first time, approved exchange-traded funds (ETFs) that directly invest in Bitcoin.
As the decisive date of January 10th for the approval or rejection of Spot Bitcoin ETF approaches, speculation is rife. The final verdict lies in the hands of the five current commissioners of the U.S. Securities and Exchange Commission (SEC).
Nate Geraci, President of The ETF Store, highlights the importance of fee transparency among the remaining issuers. With Fidelity leading at a 0.39% fee rate and Invesco at 0.59%, the competition in this arena is crucial.
Thailand's new Prime Minister, Srettha Thavisin, announced a national digital currency airdrop program as part of efforts to revitalize the economy. Each Thai citizen aged 16 and above is set to receive 10,000 Thai Baht in digital currency.
Japan's preeminent second-hand e-commerce platform, Mercari, is all set to adopt Bitcoin as a payment method from June. Partnering with its crypto subsidiary Melcoin, Mercari will facilitate Bitcoin transactions.
The U.S. Securities and Exchange Commission (SEC) is on the cusp of a major decision regarding the approval of Ark Investment/21Shares' spot Bitcoin ETF, with January 10th marked as a critical deadline.
In an unexpected twist, the U.S. Securities and Exchange Commission (SEC) and its Chair, Gary Gensler, seemingly played a significant role in manipulating the Bitcoin market just before the expected approval of the Spot Bitcoin ETF.
As anticipation builds for the U.S. Securities and Exchange Commission (SEC) to approve the first Spot Bitcoin ETF during the critical window of January 8th to 10th, signs point to the final steps being underway.
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