According to the latest report from Matrixport on December 22, it is expected that the US SEC will approve a Bitcoin spot ETF in January next year, and Bitcoin may rise to more than $50,000 by the end of January next year. This corresponds to historical events such as the launch of Bitcoin futures by the Chicago Mercantile Exchange (CME Group) in 2017.

Recent events, including the increased TV advertising by ETF applicants during the Christmas period, indicate that the market is about to explode. If approved as expected, it is expected that the price of Bitcoin will reach $50,000.