Cryptocurrency investors have witnessed a lot in 2023, and time is running out for more. The year 2023 is likely to end well. This month the SEC conducted several meetings with potential issuers and we will see new developments in the coming hours. And days later, we might see the approval of the Spot Bitcoin ETF. Here’s what you need to know in the dizzying agenda.
SEC, Elon Musk, and Bitcoin
We are in the midst of exciting times. Cathie Wood of Ark Invest will meet Elon Musk in about 2 hours on the X Space broadcast. The agenda is Bitcoin and the future of artificial intelligence. It’s extremely exciting because when Elon Musk talked about Bitcoin throughout 2021, the price fluctuated. Remember that the price did not always go up each time.
However, after the last bull season’s Bitcoin broadcast featuring Wood, Musk, and Jack, we saw the price reach the ATH level within months. What’s more interesting is that after this meeting, the approval for the futures BTC ETF came, and historically, we might be experiencing the same thing.
Speaking of Spot Bitcoin ETF, Fox Business reporter Charles Gasparino just wrote;
“The SEC is holding a rare joint conference call with potential Spot Bitcoin ETF issuers as it is about to make a closely watched decision on whether to greenlight small investors’ access to crypto.”
Another user responded to this with;
“Is this meeting happening right now? Because yesterday I heard a rumor that all systems could be ready by tomorrow the 22nd. Today’s meeting might be related to tomorrow being the start day.”
All this means that there could be increased volatility in the price of Bitcoin and especially Dogecoin in the coming hours.
