{"id":561692,"date":"2023-11-21T08:15:56","date_gmt":"2023-11-21T08:15:56","guid":{"rendered":"https:\/\/ktsl888.com\/?p=561692"},"modified":"2024-06-11T08:17:43","modified_gmt":"2024-06-11T08:17:43","slug":"spot-bitcoin-etf-buy-the-news-event","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/","title":{"rendered":"Spot Bitcoin ETF Is ‘A Buy The News’ Event: Pantera Capital CEO"},"content":{"rendered":"

The potential approval of a spot Bitcoin ETF in the United States has stirred considerable attention in recent weeks. Dan Morehead, CEO and founder of Pantera Capital, has now shared valuable insights on this matter in his latest \u201cBlockchain Letter<\/a>\u201d, emphasizing the unique circumstances surrounding this event.<\/p>\n

Morehead challenges the traditional Wall Street mantra, \u201cBuy the rumor, sell the news,\u201d questioning its relevance in the current spot ETF context. He reflects on how this adage played out historically, specifically citing the CME Futures launch and Coinbase’s public listing. Both instances exhibited significant price surges in the BTC market before their respective events, followed by steep downturns, aligning with the adage’s prediction.<\/p>\n

Spot Bitcoin ETF Is A “Buy The Rumor, Buy The News” Event<\/h2>\n

In his detailed analysis, Morehead recounts how the Bitcoin market rallied dramatically, up to 2,448%, leading up to the CME futures launch. However, this bullish trend abruptly reversed on the very day the futures were listed, marking the start of an 84% decline into a bear market. He parallels this with the Coinbase public listing<\/a> scenario, where the market again surged, this time by 848%, reaching its peak on the day of Coinbase’s listing, only to be succeeded by a 76% drop.<\/p>\n

Related Reading: Clear Skies: Why Bitcoin Overhead Resistance Is Weak<\/a><\/div>\n

Morehead, with a touch of humor, notes in his letter, \u201cWill someone please remind me the day before the Bitcoin ETF officially launches? I might want to take some chips off the table.\u201d<\/p>\n

However, \u201cthis time is different,\u201d states Morehead. Further delving into the potential impact of a spot ETF, he posits that such an ETF would represent a significant step in the adoption. Unlike futures, which he argues were a \u201cstep backwards,” the spot ETF could fundamentally change access to BTC, opening up new investor pools and potentially altering the demand function for Bitcoin permanently.<\/p>\n

Related Reading: Bitcoin ETF Hype: Bloomberg Intelligence Envisions $100 Billion Market With Regulatory Approval<\/a><\/div>\n

Unlike the previous events of the CME futures and Coinbase listing, which had little real-world impact on Bitcoin accessibility, Morehead believes the spot ETF scenario is fundamentally different. He asserts, \u201cA BlackRock ETF fundamentally changes access to Bitcoin. It will have a huge (positive) impact.\u201d His view is that the ETF will introduce BTC to broader investor classes, significantly altering the investment landscape.<\/p>\n

Drawing a parallel with the history of gold ETFs<\/a>, Morehead suggests that Bitcoin ETFs could similarly revolutionize Bitcoin investment, expanding its appeal and legitimacy. He predicts a substantial shift in the demand dynamics for Bitcoin, akin to how gold ETFs altered the gold market.<\/p>\n

In his concluding remarks, Morehead revisits the initial question about the ETF launch being a “sell the news” event. He argues, \u201cBuy the rumor, buy the news.\u201d This phrase encapsulates his belief that, unlike past events, the introduction of a Bitcoin ETF will not lead to a sell-off but will mark the beginning of a new era in Bitcoin investment.<\/p>\n

At press time, BTC traded at $37,341.<\/p>\n

\"Bitcoin
BTC price remains inside the trend channel, 4-hour chart | Source: BTCUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
Featured image from Shutterstock, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

The potential approval of a spot Bitcoin ETF in the United States has stirred considerable attention in recent weeks. Dan Morehead, CEO and founder of Pantera Capital, has now shared valuable insights on this matter in his latest \u201cBlockchain Letter\u201d, emphasizing the unique circumstances surrounding this event. Morehead challenges the traditional Wall Street mantra, \u201cBuy the rumor, sell the news,\u201d questioning its relevance in the current spot ETF context. He reflects on how this adage played out historically, specifically citing the CME Futures launch and Coinbase’s public listing. Both instances exhibited significant price surges in the BTC market before their respective events, followed by steep downturns, aligning with the adage’s prediction. Spot Bitcoin ETF Is A “Buy The Rumor, Buy The News” Event In his detailed analysis, Morehead recounts how the Bitcoin market rallied dramatically, up to 2,448%, leading up to the CME futures launch. However, this bullish trend abruptly reversed on the very day the futures were listed, marking the start of an 84% decline into a bear market. He parallels this with the Coinbase public listing scenario, where the market again surged, this time by 848%, reaching its peak on the day of Coinbase’s listing, only to be succeeded by a 76% drop. Related Reading: Clear Skies: Why Bitcoin Overhead Resistance Is Weak Morehead, with a touch of humor, notes in his letter, \u201cWill someone please remind me the day before the Bitcoin ETF officially launches? I might want to take some chips off the table.\u201d However, \u201cthis time is different,\u201d states Morehead. Further delving into the potential impact of a spot ETF, he posits that such an ETF would represent a significant step in the adoption. Unlike futures, which he argues were a \u201cstep backwards,” the spot ETF could fundamentally change access to BTC, opening up new investor pools and potentially altering the demand function for Bitcoin permanently. Related Reading: Bitcoin ETF Hype: Bloomberg Intelligence Envisions $100 Billion Market With Regulatory Approval Unlike the previous events of the CME futures and Coinbase listing, which had little real-world impact on Bitcoin accessibility, Morehead believes the spot ETF scenario is fundamentally different. He asserts, \u201cA BlackRock ETF fundamentally changes access to Bitcoin. It will have a huge (positive) impact.\u201d His view is that the ETF will introduce BTC to broader investor classes, significantly altering the investment landscape. Drawing a parallel with the history of gold ETFs, Morehead suggests that Bitcoin ETFs could similarly revolutionize Bitcoin investment, expanding its appeal and legitimacy. He predicts a substantial shift in the demand dynamics for Bitcoin, akin to how gold ETFs altered the gold market. In his concluding remarks, Morehead revisits the initial question about the ETF launch being a “sell the news” event. He argues, \u201cBuy the rumor, buy the news.\u201d This phrase encapsulates his belief that, unlike past events, the introduction of a Bitcoin ETF will not lead to a sell-off but will mark the beginning of a new era in Bitcoin investment. At press time, BTC traded at $37,341. Featured image from Shutterstock, chart from TradingView.com<\/p>\n","protected":false},"author":571,"featured_media":561695,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,532,679,1119,1122,1609,3322,84647],"class_list":["post-561692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-etf","tag-bitcoin-price","tag-btc","tag-btc-price","tag-dan-morehead","tag-pantera-capital","tag-spot-bitcoin-etf"],"acf":[],"yoast_head":"\nSpot Bitcoin ETF Is 'A Buy The News' Event: Pantera Capital CEO<\/title>\n<meta name=\"description\" content=\"Spot Bitcoin ETF: Pantera Capital CEO Dan Morehead challenges the traditional Wall Street mantra, \u201cBuy the rumor, sell the news."\" \/>\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\/spot-bitcoin-etf-buy-the-news-event\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spot Bitcoin ETF Is 'A Buy The News' Event: Pantera Capital CEO\" \/>\n<meta property=\"og:description\" content=\"Spot Bitcoin ETF: Pantera Capital CEO Dan Morehead challenges the traditional Wall Street mantra, \u201cBuy the rumor, sell the news."\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/\" \/>\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=\"2023-11-21T08:15:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:17:43+00:00\" \/>\n<meta name=\"author\" content=\"Jake Simmons\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/shutterstock_1470058928.jpg?fit=7786%2C5193\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/realJakeSimmons\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jake Simmons\" \/>\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\/spot-bitcoin-etf-buy-the-news-event\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/\"},\"author\":{\"name\":\"Jake Simmons\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\"},\"headline\":\"Spot Bitcoin ETF Is ‘A Buy The News’ Event: Pantera Capital CEO\",\"datePublished\":\"2023-11-21T08:15:56+00:00\",\"dateModified\":\"2024-06-11T08:17:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/\"},\"wordCount\":537,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/shutterstock_1470058928.jpg?fit=7786%2C5193\",\"keywords\":[\"bitcoin\",\"Bitcoin ETF\",\"bitcoin price\",\"btc\",\"btc price\",\"dan morehead\",\"pantera capital\",\"Spot Bitcoin ETF\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/\",\"url\":\"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/\",\"name\":\"Spot Bitcoin ETF Is 'A Buy The News' Event: Pantera Capital CEO\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/shutterstock_1470058928.jpg?fit=7786%2C5193\",\"datePublished\":\"2023-11-21T08:15:56+00:00\",\"dateModified\":\"2024-06-11T08:17:43+00:00\",\"description\":\"Spot Bitcoin ETF: Pantera Capital CEO Dan Morehead challenges the traditional Wall Street mantra, \u201cBuy the rumor, sell the news.\\\"\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/shutterstock_1470058928.jpg?fit=7786%2C5193\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/shutterstock_1470058928.jpg?fit=7786%2C5193\",\"width\":7786,\"height\":5193,\"caption\":\"Spot Bitcoin ETF Pantera Capital\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Spot Bitcoin ETF Is ‘A Buy The News’ Event: Pantera Capital CEO\"}]},{\"@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\/d4fcdbfaec61dd668092ba3f4d318028\",\"name\":\"Jake Simmons\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"caption\":\"Jake Simmons\"},\"description\":\"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with ktsl888.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons\"],\"url\":\"https:\/\/ktsl888.com\/author\/marcusmisiak\/\"}]}<\/script>\n","yoast_head_json":{"title":"Spot Bitcoin ETF Is 'A Buy The News' Event: Pantera Capital CEO","description":"Spot Bitcoin ETF: Pantera Capital CEO Dan Morehead challenges the traditional Wall Street mantra, \u201cBuy the rumor, sell the news.\"","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\/spot-bitcoin-etf-buy-the-news-event\/","og_locale":"en_US","og_type":"article","og_title":"Spot Bitcoin ETF Is 'A Buy The News' Event: Pantera Capital CEO","og_description":"Spot Bitcoin ETF: Pantera Capital CEO Dan Morehead challenges the traditional Wall Street mantra, \u201cBuy the rumor, sell the news.\"","og_url":"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-11-21T08:15:56+00:00","article_modified_time":"2024-06-11T08:17:43+00:00","author":"Jake Simmons","twitter_card":"summary_large_image","twitter_image":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/shutterstock_1470058928.jpg?fit=7786%2C5193","twitter_creator":"@https:\/\/twitter.com\/realJakeSimmons","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Jake Simmons","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/"},"author":{"name":"Jake Simmons","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028"},"headline":"Spot Bitcoin ETF Is ‘A Buy The News’ Event: Pantera Capital CEO","datePublished":"2023-11-21T08:15:56+00:00","dateModified":"2024-06-11T08:17:43+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/"},"wordCount":537,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/shutterstock_1470058928.jpg?fit=7786%2C5193","keywords":["bitcoin","Bitcoin ETF","bitcoin price","btc","btc price","dan morehead","pantera capital","Spot Bitcoin ETF"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/","url":"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/","name":"Spot Bitcoin ETF Is 'A Buy The News' Event: Pantera Capital CEO","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/shutterstock_1470058928.jpg?fit=7786%2C5193","datePublished":"2023-11-21T08:15:56+00:00","dateModified":"2024-06-11T08:17:43+00:00","description":"Spot Bitcoin ETF: Pantera Capital CEO Dan Morehead challenges the traditional Wall Street mantra, \u201cBuy the rumor, sell the news.\"","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/shutterstock_1470058928.jpg?fit=7786%2C5193","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/shutterstock_1470058928.jpg?fit=7786%2C5193","width":7786,"height":5193,"caption":"Spot Bitcoin ETF Pantera Capital"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Spot Bitcoin ETF Is ‘A Buy The News’ Event: Pantera Capital CEO"}]},{"@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\/d4fcdbfaec61dd668092ba3f4d318028","name":"Jake Simmons","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","caption":"Jake Simmons"},"description":"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with ktsl888.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons"],"url":"https:\/\/ktsl888.com\/author\/marcusmisiak\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Spot Bitcoin ETF Is ‘A Buy The News’ Event: Pantera Capital CEO","url":"http:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/spot-bitcoin-etf-buy-the-news-event\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/shutterstock_1470058928.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/shutterstock_1470058928.jpg?fit=7786%2C5193"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Jake Simmons"}],"creator":["Jake Simmons"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin etf","bitcoin price","btc","btc price","dan morehead","pantera capital","spot bitcoin etf"],"dateCreated":"2023-11-21T08:15:56Z","datePublished":"2023-11-21T08:15:56Z","dateModified":"2024-06-11T08:17:43Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Spot Bitcoin ETF Is ‘A Buy The News’ Event: Pantera Capital CEO\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/spot-bitcoin-etf-buy-the-news-event\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/spot-bitcoin-etf-buy-the-news-event\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/shutterstock_1470058928.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/shutterstock_1470058928.jpg?fit=7786%2C5193\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Jake Simmons\"}],\"creator\":[\"Jake Simmons\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin etf\",\"bitcoin price\",\"btc\",\"btc price\",\"dan morehead\",\"pantera capital\",\"spot bitcoin etf\"],\"dateCreated\":\"2023-11-21T08:15:56Z\",\"datePublished\":\"2023-11-21T08:15:56Z\",\"dateModified\":\"2024-06-11T08:17:43Z\"}<\/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\/11\/shutterstock_1470058928.jpg?fit=7786%2C5193","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/561692"}],"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\/571"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=561692"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/561692\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/561695"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=561692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=561692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=561692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}