Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Thursday, January 11, 2024

Bitcoin ETFs Start Trading


The approved by the Securities and Exchange Commission Bitcoin ETFs started trading on public markets today.

This is a huge milestone for Bitcoin, cryptocurrencies, a huge stamp of approval on the cryptocurrencies space by the Securities and Exchange Commission. This puts Bitcoin, cryptocurrencies on a new growth trajectory.

Lawfulness was and still is a huge problem for Bitcoin, cryptocurrencies. The Securities and Exchange Commission approving Bitcoin related instruments means to a large extent that Bitcoin is legal and such a development reduces greatly the probability of Bitcoin being all of a sudden outlawed by leading global governments.

In short, both the short term and mid term future of Bitcoin and cryptocurrencies is bright, according to Wolfteam Ltd.’s analysis and estimates.

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