Cryptocurrency traders keenly await the decision of the United States Securities and Exchange Commission (SEC), which is widely expected to approve one or more spot Bitcoin exchange-traded fund (ETF) applications by Jan. 10. What happens to Bitcoin’s price if a spot BTC ETF is approved remains the key question in the trader’s mind. Analysts remain divided, with some expecting the continuation of the rally while others anticipating a sell-off following the news. Irrespective of the short-term price implications of the event, the ETF approval will likely be bullish for long-term investors. If one or more Bitcoin ETFs ... (full story)