Bitcoin Surges Amid SEC Approval of Spot Bitcoin ETFs and Anticipation for Ethereum ETF Decision

In 2024, Bitcoin has experienced a significant rally following the SEC’s approval of spot bitcoin ETF products. The crypto community is now closely watching the SEC’s next decision on a spot ether ETF linked to ethereum futures. Swan Bitcoin CIO Raphael Zagury discussed the future of these cryptocurrencies on Market Domination Overtime, noting the current low volatility in Bitcoin and the potential for future returns. He emphasized the importance of long-term perspective and the impact of the 2024 US presidential race on the crypto space. Zagury also highlighted Bitcoin’s role as a stable saving technology amid economic unpredictability. Lastly, he called for more transparency and disclosure from regulatory bodies to support the crypto industry. For further insights, watch the full episode on Market Domination Overtime.