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Bitcoin poised for rally in first quarter of 2024. Before that, expect further consolidation.

Por: MarketWatch Business September 01, 2023

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Industry participants have been celebrating the ruling, saying it paves the way for the approval of spot bitcoin U.S. exchange-traded funds.  Read: The SEC greenlighted several bitcoin futures ETF in the past, but had denied Grayscale’s application to convert its Bitcoin Trust to an ETF, and has yet to approve any ETFs that invest directly in bitcoin, on the basis that bitcoin spot markets couldn’t be sufficiently surveilled to prevent... + full article



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