Indeed, there hasn't been approval yet. However, this gave us a clue about what will happen to the price when the ETF is actually approved. In fact, some people were saying that this approval was already priced in by the market, and this move indicates that it wasn't.

Former White House director Anthony Scaramucci projecting a future scenario for Bitcoin…

👀 Check out this interesting insight:

Yesterday, we shared a video of a former White House director stating that Bitcoin could EASILY reach a market cap of 15 trillion dollars. In today's video, Lyn Alden suggests that $1 million per BTC isn't far-fetched but rather a plausible target.

Now, let's consider the market cap:

🔍 It's estimated that around 6 million Bitcoins might be lost forever, and we know that only 21 million will ever be issued, with the last one expected by 2140.

Let's consider a scenario where we have 15 million BTC in circulation and a market cap of 15 trillion.

💰 In this scenario:
Price per BTC = 15 trillion / 15 million = $1 million per BTC.

This is a simplified analysis, as other factors come into play. But keep in mind that major asset managers are eagerly awaiting the approval of Bitcoin ETFs, and the SEC is expected to make a decision next year. Note: BlackRock alone manages around $10 trillion in assets.

🌟 Seize the opportunity while it's still early! Contact our team to explore how you can capitalize on this unique moment we're living in!

BREAKING: JPMorgan expects spot bitcoin ETF approvals to come 'within months'

$ 30k 🚀📈

Before, BTC was ignored; then it became a problem, and today it is part of the solution. 👀

Imagine in the future how the world will talk about this asset... 🤭

One thing is certain: those who have been ignoring it until now are missing a great opportunity... 🤷

What about you... What are you seeing in the clouds? 👀😂

$31,1k 📈💎

As we always tell you, AMT is backed by Bitcoin, so when BTC goes up, the price of AMT also goes up.

This applies to its liquidity as well. With over 85 Bitcoins in liquidity, when you analyze the price in dollars, liquidity will naturally vary according to the price of Bitcoin. That's why last week we said the liquidity was $4.7 million, but now it's already at $5.3 million.

Another interesting thing to note is that the price of AMT only increases in relation to Bitcoin, as you can see in this graph. All of this shows us that buying AMT and holding it has been a good investment strategy for those who believe in the exponential appreciation potential of Bitcoin.

$32k!!! 🚀

$33,3k!!!

Bitcoin reached over 34.2k but has now dropped to less than 33.5k. Insane! 🤯🤯

BlackRock Prepares to Launch a Bitcoin ETF, Ticker is Listed
BlackRock's iShares Bitcoin Trust has a ticker and secured initial funding.

In Summary
- A ticker for BlackRock's iShares Bitcoin Trust, $IBTC, has been listed by the DTCC, suggesting an imminent launch of their Bitcoin ETF.
- BlackRock filed an amendment with the SEC mentioning that an initial investor plans to purchase shares this month.
- Approval for a Bitcoin ETF could occur soon, with a 90% probability of approval in January, according to Bloomberg Intelligence analysts.


Font: decrypt.co

They were creative in this video. 😂

BREAKING: Bitcoin drops 3% in minutes after IBTC ticker, from BlackRock's ETF, is removed from the Depository Trust & Clearing Corporation (DTCC) website. The crypto community speculates about the reason for the removal.