December 24th, 2025
Hayes, confident in his trading abilities, plans to capitalize on the imminent correction by attempting to “top-tick” the market in late February.
Bitcoin mining firms have been racing to expand their businesses ahead of an expected approval of a spot Bitcoin ETF.
Nearly 28K Bitcoins have been deposited in crypto exchanges in the past week led by BTC miners thus signaling possible price correction in the short term.
If approved, VanEck’s filing would establish one of the first spot Bitcoin ETFs in the United States.
The approval of spot Bitcoin ETFs could signal a growing acceptance of cryptocurrencies within traditional financial circles.
Grayscale and VanEck, alongside other firms, have submitted Form 8-A to the SEC, marking a significant move towards potential approval of the first spot Bitcoin ETF in the US.
Recent meetings of major exchanges, including NYSE, Nasdaq Composite, the Chicago Board Options Exchange, and the SEC have sparked speculation about the timing and potential approval of a spot Bitcoin ETF.
Some institutions are hesitant to buy Bitcoin directly due to challenges in the crypto markets, such as security risks and regulatory uncertainty. BTC DRs aim to address these concerns.
Kiyosaki’s Bitcoin recommendation comes amid a high level of confidence that the US SEC will soon begin approving spot Bitcoin ETFs.
Insiders familiar with the proceedings indicate that the SEC may begin notifying issuers of approval starting Friday, paving the way for potential trading to commence as early as the following week.
On January 2, Bitcoin hit $45,000, which was the highest level it had reached since April 2022.
Fidelity Investments filed form S-1 with the US SEC on December 29, 2023, to offer the Fidelity Wise Origin Bitcoin Fund shares via Cboe BZX Exchange.
JAN3 founder Samson Mow has said that companies that issue spot Bitcoin ETFs should provide on-chain addresses to prove their Bitcoin reserves.
Matrix on Target raises concerns about the potential market impact if the SEC rejects all Bitcoin ETF proposals by the January deadline.
The anticipation of this approval has contributed to the recent rally in Bitcoin prices, currently hovering around $45,000.