{"id":35261,"date":"2024-01-02T01:57:04","date_gmt":"2024-01-02T01:57:04","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2024\/01\/02\/btc-price-on-verge-of-touching-50k-bitcoin-etf-approval\/"},"modified":"2024-01-02T01:57:04","modified_gmt":"2024-01-02T01:57:04","slug":"btc-price-on-verge-of-touching-50k-bitcoin-etf-approval","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2024\/01\/02\/btc-price-on-verge-of-touching-50k-bitcoin-etf-approval\/","title":{"rendered":"BTC Price On Verge Of Touching $50K?: Bitcoin ETF Approval"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>As voices come out in favor of spot Bitcoin ETF approval probabilities in January 2024, the <a href=\"https:\/\/coingape.com\/price\/bitcoin\/\" target=\"_blank\" rel=\"noopener\">Bitcoin (BTC) Price<\/a> entered the brand new yr with renewed bullish momentum. This comes amid stories stating that the approval might come within the week beginning January 8, 2024.<\/p>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/ethereum-eth-metrics-hints-readiness-for-huge-gains-is-2500-possible\" target=\"_blank\" rel=\"noopener\"><strong>Ethereum (ETH) Metrics Hints Readiness for Huge Gains, Is $2500 Possible?<\/strong><\/a><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h2>BTC Price: Before &amp; After Approval<\/h2>\n<p>In what might be attributable to a worry of mission out (FOMO) sentiment amongst merchants and buyers, the BTC Price jumped to over $45,000 on Monday, January 1, 2023. The crypto market has largely been optimistic a few potential approval of the spot Bitcoin ETF earlier than January 10, 2024, earlier than which the U.S. Securities and Exchange Commission (SEC) is required to take a call as a part of the Ark 21Shares spot Bitcoin ETF submitting. CoinGape <a href=\"https:\/\/coingape.com\/us-sec-ark-spot-bitcoin-etf-crypto-news\/\" target=\"_blank\" rel=\"noopener\">reported<\/a> {that a} choice on the Ark 21Shares submitting was earlier postponed on August 11, 2023.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>Accordingly, Reuters <a href=\"https:\/\/www.reuters.com\/business\/finance\/blackrock-vaneck-among-asset-managers-that-submitted-updated-filings-spot-2023-12-30\/\" target=\"_blank\" rel=\"noopener\">reported<\/a> that the SEC was on path to provide the nod to the primary ever spot Bitcoin ETF within the United States. The report quoted sources as saying that the SEC officers have already cleared the approval for subsequent week and that the filers could also be knowledgeable of the identical on January 9 or 10, 2024.<\/p>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/bitcoin-btc-halving-here-are-5-potential-cycles-to-watch\" target=\"_blank\" rel=\"noopener\"><strong>Bitcoin (BTC) Halving: Here are 5 Potential Cycles to Watch<\/strong><\/a><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><noscript><link rel=\"stylesheet\" id=\"quads-style-css-css\" href=\"https:\/\/coingape.com\/wp-content\/plugins\/quick-adsense-reloaded\/includes\/gutenberg\/dist\/blocks.style.build.css?ver=2.0.72.1\" type=\"text\/css\" media=\"all\"\/><link rel=\"stylesheet\" id=\"dscf7-math-captcha-style-css\" href=\"https:\/\/coingape.com\/wp-content\/plugins\/ds-cf7-math-captcha\/assets\/css\/style.css?ver=6.3.2\" type=\"text\/css\" media=\"1\"\/><link data-minify=\"1\" rel=\"stylesheet\" 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--><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/btc-price-bitcoin-etf-approval\/\" target=\"_blank\" style=\"display: block\" rel=\"noopener\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/btc-price-bitcoin-etf-approval\/\" target=\"_blank\" rel=\"noopener\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail 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market transferring traits. Published over 1,200 articles to this point on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or twitter.com\/BitcoinReddy or linkedin.com\/in\/anveshreddybtc\/                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD171876\">\n<p>  The introduced content material might embrace the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any accountability to your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a href=\"https:\/\/coingape.com\/web-stories\/crypto-halving-showdown-bitcoin-vs-litecoin\/?utm_source=post&utm_medium=web-story\" target=\"_blank\" rel=\"noopener\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Bitcoin-vs-Litecoin\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-Bitcoin-vs-Litecoin.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-Bitcoin-vs-Litecoin-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-Bitcoin-vs-Litecoin-150x200.jpg 150w\" data-lazy-sizes=\"(max-width: 640px) 100vw, 640px\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-Bitcoin-vs-Litecoin.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-Bitcoin-vs-Litecoin.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Bitcoin-vs-Litecoin\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-Bitcoin-vs-Litecoin.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-Bitcoin-vs-Litecoin-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-Bitcoin-vs-Litecoin-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Crypto Halving Showdown: Bitcoin vs Litecoin <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n              \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a href=\"https:\/\/coingape.com\/web-stories\/meme-magic-coins-that-minted-millionaires-in-2023\/?utm_source=post&utm_medium=web-story\" target=\"_blank\" rel=\"noopener\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"9-1-meme\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-9-1-meme-1.png 640w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-9-1-meme-1-225x300.png 225w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-9-1-meme-1-150x200.png 150w\" data-lazy-sizes=\"(max-width: 640px) 100vw, 640px\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-9-1-meme-1.png\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-9-1-meme-1.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"9-1-meme\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-9-1-meme-1.png 640w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-9-1-meme-1-225x300.png 225w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/cropped-9-1-meme-1-150x200.png 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https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-crypto-Bitcoin-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-crypto-Bitcoin-150x200.jpg 150w\" data-lazy-sizes=\"(max-width: 640px) 100vw, 640px\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-crypto-Bitcoin.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-crypto-Bitcoin.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"crypto-Bitcoin\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-crypto-Bitcoin.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-crypto-Bitcoin-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-crypto-Bitcoin-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Bitcoin&#8217;s Bullish Surge: Analyst Eyes 2024 Halving&nbsp;Impact <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n     \n                              \n          <\/div>\n\n\n    \n          \n \n    \n            \n    <\/div>\n\n        --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/btc-price-bitcoin-etf-approval\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] As voices come out in favor of spot Bitcoin ETF approval probabilities in January 2024, the Bitcoin (BTC) Price entered the brand new yr with renewed bullish momentum. This comes amid stories stating that the approval might come within the week beginning January 8, 2024. Also Read: Ethereum (ETH) Metrics Hints Readiness for Huge [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[4378,1318,20,31,939,110,8983,3581],"class_list":["post-35261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-50k","tag-approval","tag-bitcoin","tag-btc","tag-etf","tag-price","tag-touching","tag-verge","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/35261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=35261"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/35261\/revisions"}],"predecessor-version":[{"id":35262,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/35261\/revisions\/35262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/35098"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=35261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=35261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/t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