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Topic: Scheduled deadlines of Bitcoin Spot ETF applications & Price speculations (Read 202 times)

legendary
Activity: 2436
Merit: 1561
I don’t know how accurate that list is. I am from Canada and we got that Purpose BTC ETF which is actually a spot etf. Currently it has 35K bitcoins which is around $1.5B but the chart says it’s only 650M which is not accurate.

I don’t have time to check all the other etfs. It’s easy to check, usually the AUM is listed as soon as you google the etf name so it’s not hard to track.

Yup, Purpose ETF (BTCC) is showing to have assets of 2bn: https://ycharts.com/companies/BTCC.B.TO/total_assets_under_management, assuming this is presented in CAD, that would be around 1.5bn in real dollars.
I've checked a few random ones, some of them seem correct but few of them were quite far off from what's stated in the table. So either bitmex researcher(s) didn't do a great job, or there's something I'm missing.
legendary
Activity: 3808
Merit: 1723
I don’t know how accurate that list is. I am from Canada and we got that Purpose BTC ETF which is actually a spot etf. Currently it has 35K bitcoins which is around $1.5B but the chart says it’s only 650M which is not accurate.

I don’t have time to check all the other etfs. It’s easy to check, usually the AUM is listed as soon as you google the etf name so it’s not hard to track.
full member
Activity: 420
Merit: 120
ETFGI reports on Crypto ETFs and ETPs listed globally.

It has a table for Top 20 Crypto ETFs/ETPs by net new assets November 2023.

Quote
Highlights

Assets invested in Crypto ETFs and ETPs listed globally have increased 119.6% in the first 11 months of 2023 going from $5.79 Bn at end of 2022 to $12.73 Bn.
Net inflows of $1.31 Bn during November
Year-to-date net inflows of $1.60 Bn during 2023 are the second highest on record, after YTD net inflows of $9.02 Bn in 2021
2nd month of net inflows.

Complete List of Cryptocurrency Related ETPs.
BitMEX shared a public sheet that is used for their blog post too.
https://docs.google.com/spreadsheets/d/1dyHTT_eSc2K5Fbehrq-BRSV7p2Ul7zSxcUcp3Jvg-3c/edit#gid=0

donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
NEW: CFTC Commissioner Summer Mersinger says  the market is ready for a spot #Bitcoin    ETF.

"There's a lot of interest.




Bitcoin will never be lost, but it will come back stronger. It is expected that there will be a lot of pumping. Let's see what happens next bitcoin really bright future.

Source link :- https://twitter.com/BTC_Archive/status/1717102909228212263?t=ppAc4zb5I2ejYuChLxh6cQ&s=19

It’s only a matter of time. I think the delay likely has nefarious reasons, like people behind the scenes filling their pockets before they let the big boys run in and buy everything. The people are getting restless though. With this much demand, they’re going to have difficulty keeping an ETF suppressed for much longer.
full member
Activity: 420
Merit: 120
Yes, you have to believe that one pizza was once available with this 1 bitcoin, and with that 1 bitcoin you can now buy a million coins of pizza. I can't tell when the luck stops.
It is 10 000 BTC for 2 pizzas.

Pizza for bitcoins

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And AB Bernstein says the first spot bitcoin ETF will be approved between October and March, 2024 by 676 billion fund managers. This is BTC_Archiver News and if you don't want it to be fake news, you can check it out below.

News Link :- https://twitter.com/BTC_Archive/status/1717926716817957008?t=vd6PSrxHlz-jxqmyfehlwQ&s=19
It is not fake news, who knows?

I only can say for now, it is a speculative news and might become a fake news if after March 2024, no approval for Bitcoin Spot ETF in the USA.
member
Activity: 196
Merit: 14
NEW: CFTC Commissioner Summer Mersinger says  the market is ready for a spot #Bitcoin    ETF.

"There's a lot of interest.
Spot ETF is a free way to get more views for free, so I do not trust any analysis except an article or a tweet.
What is happening is a rotation of FUD to move prices.
Yes, you have to believe that one pizza was once available with this 1 bitcoin, and with that 1 bitcoin you can now buy a million coins of pizza. I can't tell when the luck stops. The price of bitcoin is expected to rise to 100k next year. Trust me, it will be good. And AB Bernstein says the first spot bitcoin ETF will be approved between October and March, 2024 by 676 billion fund managers. This is BTC_Archiver News and if you don't want it to be fake news, you can check it out below.

News Link :- https://twitter.com/BTC_Archive/status/1717926716817957008?t=vd6PSrxHlz-jxqmyfehlwQ&s=19
full member
Activity: 420
Merit: 120
VanEck Bitcoin Trust submitted their new application with adjustment to make their filing better and to increase chance to get approval from SEC.

I don't use Bitcoin ETFs because I have small capital but a following tweet can help you to know some important factors for big investors to choose what ETFs to use.

Charles Schwab - ETFs and beyond study

You can download the report with a link above and read the report with a table of contents as follows.
• Background
• Appetite for ETFs
• Market Environment, Asset Class and Product Trends
• Millennials and ETFs – Still BFFs
• Personalization

legendary
Activity: 3808
Merit: 1723
If it’s approved it will be approved before those deadlines. However keep in mind in November we got that government shutdown mess to deal with again. If the government is shutdown then the SEC won’t make any decisions during that period. It would set it back to January most likely since December is a short month due to the holidays.

I think it will most likely get approved sometime in the Q1 2024 or so. Don’t think it will be before that. They got many changes to make first with the documents and SEc will keep making them change a few variables over and over again.
legendary
Activity: 2436
Merit: 1366
Thanks a lot op for sharing such important dates with us. I think we will see one of those bitcoin etfs (I believe blackrock is very likely one) approved next year. Considering the fact there will also be halving next year that will pull the price up for months to follow, etf + halving influence will be combined. That means price above 100k dollar is very likely and fair enough. I always wish we could pull traditional market investors into crypto. I think 2024 will be that year. I can't wait to experience next 5-10 years in bitcoin.
legendary
Activity: 2436
Merit: 1561
Thanks for sharing OP.
Looks like it's a possibility that we'll see first ETF approvals coming in around the same time as the halving, which would be quite interesting.
The predictions are all over the place though, with the top prediction being over 4 times higher than the lowest one. They average to something around $115k, which is promising. In reality, most predictions tend to be exaggerated, so I expect the price will land in $80k-$90k at the top of the cycle.
legendary
Activity: 2534
Merit: 1397
The year 2024 is most awaited now. There are lot of surprising and exciting events will happen especially for me the Bitcoin block halving. Which for me, is the most awaited and exciting.
Plus, we all know there could be some effects if they get approved or declined. 
For me, even if it is declined and the price is dumped, I will still stay and hold.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
I think Bitcoin's rise will be the same as gold's. Well Digital Gold also experienced a price surge of hundreds of percent after the Gold ETF was approved back then. And I think Bitcoin should rise more than gold did when the Bitcoin Spot ETF was approved. Because Bitcoin which is also heading for halving will really shake things up.

And I feel that every price increase that occurs at every Bitcoin halving is always supported by other trigger factors. For example, when El Salvador accepted Bitcoin as legal tender in their country. And this halving I think will also be supported by the hype factor after the approval of the Bitcoin Spot ETF.
But there was already an ETF on the CME, it's true that it's not spot, but it was done for the big players anyway. Now, of course, a new spot ETF can also have a good impact on the situation, but I think it is incorrect to compare bitcoin and gold. It's probably more like .com. Amazon stock or something like that.
full member
Activity: 420
Merit: 120
I think Bitcoin's rise will be the same as gold's. Well Digital Gold also experienced a price surge of hundreds of percent after the Gold ETF was approved back then. And I think Bitcoin should rise more than gold did when the Bitcoin Spot ETF was approved. Because Bitcoin which is also heading for halving will really shake things up.
Thinking like you is like altcoin developers and team shill their shitcoins that if you missed Bitcoin, we have altcoins for you. They use the Bitcoin Pizza story to say similar about their shitcoins.

Gold is different than Bitcoin and Bitcoin has some better specifications than gold but will Bitcoin have bigger growth after a first Bitcoin Spot ETF or only similar to gold price growth after Gold ETF?

Or will it have less price growth than gold?

We can not know but this comparison is very speculative.
sr. member
Activity: 826
Merit: 266
WOLFBET.COM - Exclusive VIP Rewards
I think Bitcoin's rise will be the same as gold's. Well Digital Gold also experienced a price surge of hundreds of percent after the Gold ETF was approved back then. And I think Bitcoin should rise more than gold did when the Bitcoin Spot ETF was approved. Because Bitcoin which is also heading for halving will really shake things up.

And I feel that every price increase that occurs at every Bitcoin halving is always supported by other trigger factors. For example, when El Salvador accepted Bitcoin as legal tender in their country. And this halving I think will also be supported by the hype factor after the approval of the Bitcoin Spot ETF.
hero member
Activity: 714
Merit: 521
DGbet.fun - Crypto Sportsbook
NEW: CFTC Commissioner Summer Mersinger says  the market is ready for a spot #Bitcoin    ETF.

"There's a lot of interest.
Spot ETF is a free way to get more views for free, so I do not trust any analysis except an article or a tweet. They all claim to have knowledge, and in the end only a small group has access to data that could be useful to know the status of the ETF in the future, so it is a bet that it will be rejected. It must be the first choice, and if it is accepted, then it will be good news.
What is happening is a rotation of FUD to move prices.

Exactly as it is, if we look into the recent days experience now, we could see how the fear of unnecessary demands grip the heart of many and the way the market surges speedily, yet it was later discovered that everything was according to planned work on fake news, if the approval comes then it's an advantage for others, if it doesn't then we are more step closer to the halving which is the major cause for bullrun.
hero member
Activity: 630
Merit: 510
NEW: CFTC Commissioner Summer Mersinger says  the market is ready for a spot #Bitcoin    ETF.

"There's a lot of interest.
Spot ETF is a free way to get more views for free, so I do not trust any analysis except an article or a tweet. They all claim to have knowledge, and in the end only a small group has access to data that could be useful to know the status of the ETF in the future, so it is a bet that it will be rejected. It must be the first choice, and if it is accepted, then it will be good news.
What is happening is a rotation of FUD to move prices.
hero member
Activity: 1344
Merit: 540
^ Yes, I think it's obvious that in the last 5 years, there have been a lot of interest on Bitcoin Spot ETF, however, SEC keeps shutting it down and rejecting it. But perhaps with the new sets of application and this time it's almost very tight now, that no gaps can be seen from this application specially on who's who as far as those application those. They are the most powerful financial firm in the world, totally in trillions of money. So it's very difficult for SEC to deny it know. And we can say that they have a big pressures on their shoulder as everyone wanted them to accept it.

Quote
As the US Securities and Exchange Commission evaluates the applications, here is a detailed list of all spot Bitcoin ETF applications:



https://beincrypto.com/full-list-spot-bitcoin-etf-applications-deadlines/
member
Activity: 196
Merit: 14
NEW: CFTC Commissioner Summer Mersinger says  the market is ready for a spot #Bitcoin    ETF.

"There's a lot of interest.




Bitcoin will never be lost, but it will come back stronger. It is expected that there will be a lot of pumping. Let's see what happens next bitcoin really bright future.

Source link :- https://twitter.com/BTC_Archive/status/1717102909228212263?t=ppAc4zb5I2ejYuChLxh6cQ&s=19
hero member
Activity: 630
Merit: 510
I tend to think that Bitcoin Spot ETF applications will make the price fall, as excessive optimism regarding the acceptance of the Spot ETF will push the price up to $48,000 or even $52,000, and the rejection that will bring the price to $28,000 to $34,000 comes before we reach $39,000 in March, which is halving time. ETF acceptance may happen by the end of the year, and it may be the reason why the price rises by the end of the year, to $100k in 2024 and $170k in 2025.
legendary
Activity: 1372
Merit: 2017
Well, at least the predictions I see are not too far-fetched, which lately I have seen some who have forgotten what has happened this very cycle. Let's hope in terms of approvals that this is the case, and that from January 2024 one ETF after another will gradually be approved, coinciding with the approaching halving, which will push the price upwards.

I don't trust their price speculations and some speculative prices are just too low, lower than my expected price for BTC after 2024 halving and a consequent bull run after a halving. I believe halvings are more important to trigger Bitcoin bull runs than Bitcoin Spot ETFs.

And have you forgotten what has happened this cycle? The maximum has been only 3.5 times the previous maximum, despite predictions of up to 20 times the maximum.

I think they are making conservative predictions and doing well, but I also think that if that calendar roughly comes true, along with halving, and if we don't have any major negative news the price may peak a little higher than the average of what is listed there, probably $250K.
full member
Activity: 420
Merit: 120
Coinmarketcap has two tweets about Bitcoin Spot ETFs and Price speculations on Bitcoin price.

Bitcoin Spot ETF applications (Deadlines).
Price speculations.

I don't trust their price speculations and some speculative prices are just too low, lower than my expected price for BTC after 2024 halving and a consequent bull run after a halving. I believe halvings are more important to trigger Bitcoin bull runs than Bitcoin Spot ETFs.



Another source is from beincrypto.com
the Full List of Spot Bitcoin ETF Applications and Deadlines. They got it from a website of SEC.
How do I search for these information (deadlines) of Bitcoin Spot ETF applications?
Anyone knows how to do it, please help.

Half of a year before 2024 halving and we are in a Disbelief phase. Let the Psychology of market cycles work for us. I only DCA BTC in last 6 months before 2024 halving and I am even considering to DCA at least 3 to 6 months after a halving.

Bitcoin double catalyst: Spot ETF and Halving combination
This table has one more information than the table from Coinmarketcap. It has Prospectus Filing Date.
Quote
✍️ Spot ETF third deadline, 15 January '24
✍️ Spot ETF final deadline, 15 March '24
🔥 Halving, ~21 April '24
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