December 24th, 2025
Meanwhile, Galaxy Digital estimates that a spot Bitcoin ETF could attract enough capital to drive the price of Bitcoin up by 74%.
With the US SEC opting not to appeal the Grayscale Investments case, amid ongoing application amendments, experts believe the approval of spot Bitcoin ETF is a matter of when and not if.
In anticipation of this pivotal event, there has been a substantial uptick in trading volume for products launched by ProShares and Grayscale.
The Bitcoin network has set a new historic mining hashrate record as the market prepares for next year’s halving.
The recent uptick in amendments to filings awaiting SEC approval could be a sign of progress in negotiations between asset managers and regulators.
With how LINK is moving in recent times and its historical precedent, there are indications that it may serve as a market leader once again, potentially triggering another bullish trend.
While the prospect of a Bitcoin ETF is undoubtedly exciting, it is essential to acknowledge the potential challenges and roadblocks that may surface.
The Bitcoin halving, an event that takes place once every four years and cuts the reward for mining Bitcoin transactions in half, could also pave the path for a new bull run.
Hashdex’s proposed ETF stands out from existing cryptocurrency-related ETFs due to its unique approach, which is the purchase of physical Bitcoin.
It is worth noting that the SEC’s action come only days after BlackRock unveiled its ticker symbol (IBTC) in anticipation of the approval of its spot Bitcoin Exchange Traded Fund (ETF).
A DTCC spokesperson confirmed that the IBTC ticker for the BlackRock iShares Bitcoin ETF has appeared since August through a unique ID code called CUSIP.
The Crypto Sector Index Series will include several indices tracking the prices of a bucket of different digital assets based on their use cases.
BlackRock has taken an important step forward by obtaining a CUSIP number for its iShares Bitcoin spot ETF.
Matrixport says BTC price may even hit the $56,000 mark by the end of the year.
BlackRock’s iShares Bitcoin Trust gets listed on the Depository Trust & Clearing Corporation (DTCC), however, analyst predict all approvals to happen at once.