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As of March 4, 2024, Bitcoin is close to eclipsing the global silver market cap, needing only a 6% price increase to surpass $1.314 trillion.
By 2024, Bitcoin ETFs are predicted to quadruple, potentially surpassing the $210 billion Gold ETF market, spurred by halving events and growing mainstream acceptance.
Jacobi Asset Management had got approval for its spot Bitcoin ETF in October 2021 from Guernsey Financial Securities Commission.
The US Presidential Elections are just over a year ahead. Race for the 2024 elections has already begun and crypto is in serious talk.
Global X has become the 9th spot Bitcoin ETF applicant in the USA. It refiled the application on Fri, Aug 04, 2023.
Consensus mechanisms are a way to secure blockchain transactions from manipulation through several ways including distributed ledgers and electing authorities.
A Bollinger squeeze drive Bitcoin prices even higher. On-chain data shows there has been steady inflows of funds into Bitcoin.
WisdomTree has filed with the US SEC to seek approval for its Bitcoin ETF on June 20, 2023.
Details about Purpose Investment's Spot Bitcoin ETF which got approved in February 2021 in Canada.