{"id":557332,"date":"2023-10-25T00:00:01","date_gmt":"2023-10-25T00:00:01","guid":{"rendered":"https:\/\/ktsl888.com\/?p=557332"},"modified":"2024-06-11T08:43:54","modified_gmt":"2024-06-11T08:43:54","slug":"bitcoin-spot-etf-300-surge","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/","title":{"rendered":"Bitcoin Spot ETF Approval: Why Price Could Be Set For 300% Surge"},"content":{"rendered":"

Bitcoin’s (BTC) price<\/span><\/a> could be set to experience a 300% surge if a Spot Bitcoin ETF is finally approved by the United States Securities and Exchange Commission (SEC).<\/span><\/p>\n

BTC Could Surge 300% When A Spot ETF Is Approved<\/span><\/h2>\n

The predictions of Bitcoin experiencing a 300% surge in its price from analysts can be traced back to the growth of Gold over the years after a Spot Gold ETF (SPDR Gold Shares) was approved back in November 2004, and listed on the New York Stock Exchange (<\/span>NYSE<\/span><\/a>).<\/span><\/p>\n

Related Reading: This Shibarium Milestone Could Rocket Shiba Inu To August Highs<\/a><\/div>\n

The price of <\/span>Gold<\/span><\/a> had experienced an eight-year consecutive bull run following its first spot gold ETF. Before the listing, the price of Gold as of November 2004, was around $430\/oz, and 3 years later, the numbers had doubled.<\/span><\/p>\n

Fast-forward to the end of 2011, the price of gold was already trading at $1,800\/oz indicating a 300% surge in price. Currently, the price of gold is closely gaining on its highest peak price of $1,977\/oz, bolstered by geopolitical tensions in the Middle East.\u00a0<\/span><\/p>\n

Gold moves slowly and steadily, and it is significantly less volatile than Bitcoin, but analysts anticipate the price of Bitcoin is <\/span>likely to reach $120,000<\/span><\/a> in the next couple of years if the digital asset manages to reiterate the movement of Gold since its spot gold ETF approval. If the Bitcoin price were to follow this same pattern, then it could hit $100,000.<\/span><\/p>\n

Recently, Bitcoin has achieved its highest price peak of $35,000 since May 2022. The recent increase in price can be traced back to the<\/span> propaganda and excitement encompassing a spot Bitcoin ETF approval<\/span><\/a>. However, the digital asset is still 50% down from its all-time high in 2021.<\/span><\/p>\n

Last week, Bitcoin experienced a whirlwind rise of over 10% within minutes after a false report was released by Cointelegraph that a spot Bitcoin ETF had been approved by the SEC. However, the digital asset’s price later fell almost immediately after the <\/span>report was proven to be false by Blackrock’s Chief Executive Officer Larry Fink.<\/span><\/a><\/p>\n

Its significant market movement this week has prompted analysts to enter “price prediction mode.” The breakout was anticipated by cryptocurrency expert Mags for the end of the year. In addition, a decline below $30,000 is anticipated within the following few months.<\/span><\/p>\n

Analysts believe that this will be the last area of accumulation before a significant breakout that would see the asset rise up to $50,000 prior to the<\/span> halving.<\/span><\/a>\u00a0<\/span><\/p>\n

\"Bitcoin<\/p>\n

BTC price corrects downward | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
Bitcoin Spot ETF Boasts Higher Chance Of Approval<\/span><\/h2>\n
Recently, analysts have predicted a spot Bitcoin ETF to be approved by January 2024, due to the recent developments following the approval of a Spot Bitcoin ETF by the SEC.<\/span><\/p>\n
Related Reading: Crypto Analyst Lists Reasons Why Cardano (ADA) Will Not Do Well In The Bull Market<\/a><\/div>\n
Bloomberg crypto analyst James Seyffart <\/span>shared<\/span><\/a> his team’s prediction of a spot Bitcoin ETF approval on his official X (former Twitter) handle. The team believes that there is a <\/span>90% chance of approval<\/span><\/a> of a spot Bitcoin ETF by January 10, 2024.<\/span><\/p>\n
The team’s prediction came amidst <\/span>ARK 21Shares Bitcoin ETF<\/span><\/a> filling that had been updated with 5 new pages. The move suggested a “constructive conversation” with the SEC, an indication that an investment fund is likely to be approved soon.\u00a0<\/span><\/p>\n
Featured image from Leadership News, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Bitcoin’s (BTC) price could be set to experience a 300% surge if a Spot Bitcoin ETF is finally approved by the United States Securities and Exchange Commission (SEC). BTC Could Surge 300% When A Spot ETF Is Approved The predictions of Bitcoin experiencing a 300% surge in its price from analysts can be traced back to the growth of Gold over the years after a Spot Gold ETF (SPDR Gold Shares) was approved back in November 2004, and listed on the New York Stock Exchange (NYSE). Related Reading: This Shibarium Milestone Could Rocket Shiba Inu To August Highs The price of Gold had experienced an eight-year consecutive bull run following its first spot gold ETF. Before the listing, the price of Gold as of November 2004, was around $430\/oz, and 3 years later, the numbers had doubled. Fast-forward to the end of 2011, the price of gold was already trading at $1,800\/oz indicating a 300% surge in price. Currently, the price of gold is closely gaining on its highest peak price of $1,977\/oz, bolstered by geopolitical tensions in the Middle East.\u00a0 Gold moves slowly and steadily, and it is significantly less volatile than Bitcoin, but analysts anticipate the price of Bitcoin is likely to reach $120,000 in the next couple of years if the digital asset manages to reiterate the movement of Gold since its spot gold ETF approval. If the Bitcoin price were to follow this same pattern, then it could hit $100,000. Recently, Bitcoin has achieved its highest price peak of $35,000 since May 2022. The recent increase in price can be traced back to the propaganda and excitement encompassing a spot Bitcoin ETF approval. However, the digital asset is still 50% down from its all-time high in 2021. Last week, Bitcoin experienced a whirlwind rise of over 10% within minutes after a false report was released by Cointelegraph that a spot Bitcoin ETF had been approved by the SEC. However, the digital asset’s price later fell almost immediately after the report was proven to be false by Blackrock’s Chief Executive Officer Larry Fink. Its significant market movement this week has prompted analysts to enter “price prediction mode.” The breakout was anticipated by cryptocurrency expert Mags for the end of the year. In addition, a decline below $30,000 is anticipated within the following few months. Analysts believe that this will be the last area of accumulation before a significant breakout that would see the asset rise up to $50,000 prior to the halving.\u00a0 BTC price corrects downward | Source: BTCUSD on Tradingview.com Bitcoin Spot ETF Boasts Higher Chance Of Approval Recently, analysts have predicted a spot Bitcoin ETF to be approved by January 2024, due to the recent developments following the approval of a Spot Bitcoin ETF by the SEC. Related Reading: Crypto Analyst Lists Reasons Why Cardano (ADA) Will Not Do Well In The Bull Market Bloomberg crypto analyst James Seyffart shared his team’s prediction of a spot Bitcoin ETF approval on his official X (former Twitter) handle. The team believes that there is a 90% chance of approval of a spot Bitcoin ETF by January 10, 2024. The team’s prediction came amidst ARK 21Shares Bitcoin ETF filling that had been updated with 5 new pages. The move suggested a “constructive conversation” with the SEC, an indication that an investment fund is likely to be approved soon.\u00a0 Featured image from Leadership News, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":557338,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3,89711],"tags":[428,656,86326,1119,89185,1144,78790,1944,89193,8379,2209,89647,3799,89194,84647],"class_list":["post-557332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","category-gold","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-spot-etf","tag-btc","tag-btc-news","tag-btcusd","tag-btcusdt","tag-etf","tag-etf-news","tag-etfs","tag-gold","tag-gold-news","tag-sec","tag-sec-news","tag-spot-bitcoin-etf"],"acf":[],"yoast_head":"\nBitcoin Spot ETF Approval: Why Price Could Be Set For 300% Surge<\/title>\n<meta name=\"description\" content=\"Bitcoin's (BTC) price could be set to experience a 300% surge if a Spot Bitcoin ETF is finally approved by the United States SEC.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Spot ETF Approval: Why Price Could Be Set For 300% Surge\" \/>\n<meta property=\"og:description\" content=\"Bitcoin's (BTC) price could be set to experience a 300% surge if a Spot Bitcoin ETF is finally approved by the United States SEC.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-25T00:00:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:43:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/Bitcoin-fold.jpeg?fit=679%2C451\" \/>\n\t<meta property=\"og:image:width\" content=\"679\" \/>\n\t<meta property=\"og:image:height\" content=\"451\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Bitcoin Spot ETF Approval: Why Price Could Be Set For 300% Surge\",\"datePublished\":\"2023-10-25T00:00:01+00:00\",\"dateModified\":\"2024-06-11T08:43:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/\"},\"wordCount\":554,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/Bitcoin-fold.jpeg?fit=679%2C451\",\"keywords\":[\"bitcoin\",\"Bitcoin news\",\"Bitcoin spot ETF\",\"btc\",\"BTC news\",\"btcusd\",\"BTCUSDT\",\"etf\",\"ETF news\",\"ETFs\",\"gold\",\"Gold news\",\"sec\",\"SEC news\",\"Spot Bitcoin ETF\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\",\"Gold\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/\",\"url\":\"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/\",\"name\":\"Bitcoin Spot ETF Approval: Why Price Could Be Set For 300% Surge\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/Bitcoin-fold.jpeg?fit=679%2C451\",\"datePublished\":\"2023-10-25T00:00:01+00:00\",\"dateModified\":\"2024-06-11T08:43:54+00:00\",\"description\":\"Bitcoin's (BTC) price could be set to experience a 300% surge if a Spot Bitcoin ETF is finally approved by the United States SEC.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/Bitcoin-fold.jpeg?fit=679%2C451\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/Bitcoin-fold.jpeg?fit=679%2C451\",\"width\":679,\"height\":451,\"caption\":\"Bitcoin gold\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Spot ETF Approval: Why Price Could Be Set For 300% Surge\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/ktsl888.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Spot ETF Approval: Why Price Could Be Set For 300% Surge","description":"Bitcoin's (BTC) price could be set to experience a 300% surge if a Spot Bitcoin ETF is finally approved by the United States SEC.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Spot ETF Approval: Why Price Could Be Set For 300% Surge","og_description":"Bitcoin's (BTC) price could be set to experience a 300% surge if a Spot Bitcoin ETF is finally approved by the United States SEC.","og_url":"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-10-25T00:00:01+00:00","article_modified_time":"2024-06-11T08:43:54+00:00","og_image":[{"width":679,"height":451,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/Bitcoin-fold.jpeg?fit=679%2C451","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Bitcoin Spot ETF Approval: Why Price Could Be Set For 300% Surge","datePublished":"2023-10-25T00:00:01+00:00","dateModified":"2024-06-11T08:43:54+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/"},"wordCount":554,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/Bitcoin-fold.jpeg?fit=679%2C451","keywords":["bitcoin","Bitcoin news","Bitcoin spot ETF","btc","BTC news","btcusd","BTCUSDT","etf","ETF news","ETFs","gold","Gold news","sec","SEC news","Spot Bitcoin ETF"],"articleSection":["Bitcoin","Cryptocurrency Market News","Gold"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/","url":"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/","name":"Bitcoin Spot ETF Approval: Why Price Could Be Set For 300% Surge","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/Bitcoin-fold.jpeg?fit=679%2C451","datePublished":"2023-10-25T00:00:01+00:00","dateModified":"2024-06-11T08:43:54+00:00","description":"Bitcoin's (BTC) price could be set to experience a 300% surge if a Spot Bitcoin ETF is finally approved by the United States SEC.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/Bitcoin-fold.jpeg?fit=679%2C451","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/Bitcoin-fold.jpeg?fit=679%2C451","width":679,"height":451,"caption":"Bitcoin gold"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Spot ETF Approval: Why Price Could Be Set For 300% Surge"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/ktsl888.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Spot ETF Approval: Why Price Could Be Set For 300% Surge","url":"http:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin-spot-etf-300-surge\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/Bitcoin-fold.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/Bitcoin-fold.jpeg?fit=679%2C451"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin news","bitcoin spot etf","btc","btc news","btcusd","btcusdt","etf","etf news","etfs","gold","gold news","sec","sec news","spot bitcoin etf"],"dateCreated":"2023-10-25T00:00:01Z","datePublished":"2023-10-25T00:00:01Z","dateModified":"2024-06-11T08:43:54Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Spot ETF Approval: Why Price Could Be Set For 300% Surge\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-spot-etf-300-surge\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-spot-etf-300-surge\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Bitcoin-fold.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Bitcoin-fold.jpeg?fit=679%2C451\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin news\",\"bitcoin spot etf\",\"btc\",\"btc news\",\"btcusd\",\"btcusdt\",\"etf\",\"etf news\",\"etfs\",\"gold\",\"gold news\",\"sec\",\"sec news\",\"spot bitcoin etf\"],\"dateCreated\":\"2023-10-25T00:00:01Z\",\"datePublished\":\"2023-10-25T00:00:01Z\",\"dateModified\":\"2024-06-11T08:43:54Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/10\/Bitcoin-fold.jpeg?fit=679%2C451","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/557332"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=557332"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/557332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/557338"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=557332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=557332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=557332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}