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Tron’s Founder Justin Sun has made what could be considered a prophetic statement. After the United States Securities and Exchange Commission (SEC) approved Spot Bitcoin ETFs, a milestone for cryptocurrencies and the global economy, he expressed his satisfaction with the development. Speaking through a platform, Sun highlighted the possibility of China potentially entering the Spot Bitcoin ETF market, which could attract larger crowds to cryptocurrency.
Justin Sun’s Prophecy
The SEC’s approval of 11 Spot Bitcoin ETFs in the US last evening marked a turning point for the crypto market and the global economy.
Following the news that emerged in 2023, the increasing expectation of approval had initiated a clear rise in the crypto market, especially towards the end of last year. The news about the ETFs has supported the Bitcoin price throughout 2023, resulting in a 160% increase.
Justin Sun, a prominent figure in the crypto world, shared his joy with the crypto community following the Bitcoin ETF approval. In his post to crypto market investors and Spot ETF supporters, he shared a message saying “Happy ETF Approval Day”.
In addition, the founder of Tron took his message to another level by making what could be a significant prophecy. According to Sun, Bitcoin ETFs could be accepted in broader Asian markets, starting with China, which has a population of billions, and as a result, could spread to a global population of eight billion through a domino effect.
Rising ETF Voices from Hong Kong Officials
Immediately following the SEC’s ETF decision, Johnny Ng, a member of the Hong Kong Legislative Council, made an important call. Ng invited the Special Administrative Region (SAR) government to take the lead on crypto assets.
Ng made a call, showing his close interest in the matter, and urged for the implementation of Spot Bitcoin ETFs to start as soon as possible:
The SAR government should encourage the implementation of spot ETFs as soon as possible.
Ng also added to his statements, indicating that he considered not only the financial aspect of the matter.
In his statement, he emphasized the need to inform and educate the public to contribute to their awareness and prevent associated criminal activities. The approval of the SEC’s Spot Bitcoin ETFs is believed to be a significant turning point for global investors.
