{"id":567721,"date":"2024-01-03T00:05:56","date_gmt":"2024-01-03T00:05:56","guid":{"rendered":"https:\/\/wncen.com\/?p=567721"},"modified":"2024-06-11T07:05:34","modified_gmt":"2024-06-11T07:05:34","slug":"bitcoin-spot-etf-sell-the-news","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/","title":{"rendered":"Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond"},"content":{"rendered":"<p class=\"p2\">All attention of crypto investors has turned toward January 10 when the first <a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-etf-sec-may-notify-approved-issuers-to-launch-very-soon-heres-when\/\">Spot Bitcoin ETF is expected to be approved<\/a>. As usual, the excitement triggered by this has seen prices recover across the space, with no doubt about the bull sentiment leading up to the event. However, arguments have arisen about whether this bullish sentiment would continue if a Spot ETF is eventually approved or if it will end up being a \u201csell the news\u201d event.<\/p>\n<h2 class=\"p2\">What Is A Sell The News Event?<\/h2>\n<p class=\"p2\">The phrase \u201csell the news\u201d is popular in investing circles and is usually associated with a major event that ends up moving prices. BlackRock and 12 other asset managers filing for <a href=\"https:\/\/wncen.com\/coinbase\/coinbase-custody-head-departs-as-crypto-giant-prepares-for-bitcoin-etf-services\/\">Spot Bitcoin ETFs<\/a> with the US Securities and Exchange Commission (SEC) is an example of such a major event.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-surge-crypto-analyst-predicts-various-bullish-scenarios-in-the-coming-days\/\">XRP Price Surge: Crypto Analyst Predicts Various Bullish Scenarios In The Coming Days<\/a><\/div>\n<p class=\"p2\">When the event is positive, it has a good impact on assets in the industry, and in the case of crypto, the prices of <a href=\"https:\/\/wncen.com\/bitcoin-news\/secs-crypto-asset-securities-alert-boosts-spot-bitcoin-etf-prospects-heres-why\/\">Bitcoin and other cryptocurrencies<\/a> begin to rise. This is usually from the anticipation surrounding the event and investors taking up positions in order not to miss a major move. Mostly, this is because investors expect that the main event, such as the approval of a Spot Bitcoin ETF, would trigger further price increases.<\/p>\n<p class=\"p2\">However, this is not always the case for the market. There have been instances where the main event actually sees prices fall across the board. Such a case is referred to as a \u201csell the news\u201d event as prices are expected to decline as the euphoria reaches its climax.<\/p>\n<p class=\"p2\">The potential approval of a <a href=\"https:\/\/wncen.com\/bitcoin-news\/countdown-to-bitcoin-etf-2024-decision-traders-employ-hedging-tactics-bloomberg-unveils\/\">Spot Bitcoin ETF <\/a>has been argued to be a &#8216;sell the news&#8217; event by many in the space, given that prices have already gone up so much. However, not everyone believes this is the case as crypto experts begin to chime in.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/3ECOgzbn\/\" alt=\"Bitcoin price chart from Tradingview.com (Spot Bitcoin ETF Sell the news)\" width=\"3266\" height=\"1530\"><\/p>\n<pre style=\"text-align: center\">BTC price declines to $45,000\u00a0 Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">BTCUSD on Tradingview.com<\/a><\/pre>\n<h2 class=\"p2\">Spot Bitcoin ETF Not A Sell The News Event<\/h2>\n<p class=\"p2\">One of the first crypto experts to share their thoughts around this is Andrew Kang. Kang took to X (formerly Twitter) to explain that the Bitcoin price is actually still mispriced even after rising more than 100% in one year to cross $45,000.<\/p>\n<p class=\"p2\">Kang <a href=\"When%20you%20think%20about%20the%20size%20of%20the%20opportunity,%20it%20shouldn't%20surprise%20us%20to%20see%20marketing\/ad%20spend%20on%20the%20scale%20of%202021%20bull%20madness.%20When%20you%20consider%20the%20importance%20of%20timing%20for%20issuers,%20maybe%20we%20even%20take%20it%20a%20level%20further.%20It's%20going%20to%20be%20a%20bonanza.\" rel=\"nofollow\">explains<\/a> that a <a href=\"https:\/\/wncen.com\/news\/record-crypto-options-volume-expires-pre-bitcoin-etf-deadline-analyzing-btc-and-eth-reactions\/\">Spot Bitcoin ETF approval<\/a> would see all of these asset managers trying to grab between $10 and $20 billion in fees. They will also be pushing for marketing which Kang believes every dollar spent on marketing in 2024 becomes even more important in 2025.<\/p>\n<p class=\"p2\">\u201cWhen you think about the size of the opportunity, it shouldn&#8217;t surprise us to see marketing\/ad spend on the scale of 2021 bull madness,\u201d Kang said. \u201cWhen you consider the importance of timing for issuers, maybe we even take it a level further. It&#8217;s going to be a bonanza.\u201d<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/bitcoin\/history-next-for-bitcoin\/\">Crypto Analyst Says History Shows What Might Be Next For Bitcoin, But Is It Good Or Bad?<\/a><\/div>\n<p class=\"p2\">Also responding to and buttressing Kang\u2019s point is @ChainLinkGod who <a href=\"https:\/\/x.com\/ChainLinkGod\/status\/00272280?s=20\" rel=\"nofollow\">gave<\/a> their own insight into how bullish an approval is. They explain that all of the asset managers who have filed for <a href=\"https:\/\/wncen.com\/bitcoin-news\/analysts-sound-alarm-spot-bitcoin-etf-approval\/\">Spot ETFs<\/a> are inherently long on Bitcoin.<\/p>\n<p class=\"p2\">\u201cYes, they don\u2019t technically have any directional exposure, but all else equal, a 10x in the price of bitcoin is a 10x in yearly management fees,\u201d ChainLinkGod explains. They further add that each applicant will be looking to become the dominant player as this means they will be able to harvest billions of dollars in fees passively for years.<\/p>\n<p class=\"p2\">\u201cAll of which involves massive ad spend, shilling $BTC at every public appearance, and advising all their clientele *this year* to get exposure to $BTC via their ETF,\u201d they explain. Given this, a potential approval is more bullish than bearish for Bitcoin as the players struggle for dominance.<\/p>\n<div class=\"disclaimer-shortcode\">Featured image from Investopedia, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>All attention of crypto investors has turned toward January 10 when the first Spot Bitcoin ETF is expected to be approved. As usual, the excitement triggered by this has seen prices recover across the space, with no doubt about the bull sentiment leading up to the event. However, arguments have arisen about whether this bullish sentiment would continue if a Spot ETF is eventually approved or if it will end up being a \u201csell the news\u201d event. What Is A Sell The News Event? The phrase \u201csell the news\u201d is popular in investing circles and is usually associated with a major event that ends up moving prices. BlackRock and 12 other asset managers filing for Spot Bitcoin ETFs with the US Securities and Exchange Commission (SEC) is an example of such a major event. Related Reading: XRP Price Surge: Crypto Analyst Predicts Various Bullish Scenarios In The Coming Days When the event is positive, it has a good impact on assets in the industry, and in the case of crypto, the prices of Bitcoin and other cryptocurrencies begin to rise. This is usually from the anticipation surrounding the event and investors taking up positions in order not to miss a major move. Mostly, this is because investors expect that the main event, such as the approval of a Spot Bitcoin ETF, would trigger further price increases. However, this is not always the case for the market. There have been instances where the main event actually sees prices fall across the board. Such a case is referred to as a \u201csell the news\u201d event as prices are expected to decline as the euphoria reaches its climax. The potential approval of a Spot Bitcoin ETF has been argued to be a &#8216;sell the news&#8217; event by many in the space, given that prices have already gone up so much. However, not everyone believes this is the case as crypto experts begin to chime in. BTC price declines to $45,000\u00a0 Source: BTCUSD on Tradingview.com Spot Bitcoin ETF Not A Sell The News Event One of the first crypto experts to share their thoughts around this is Andrew Kang. Kang took to X (formerly Twitter) to explain that the Bitcoin price is actually still mispriced even after rising more than 100% in one year to cross $45,000. Kang explains that a Spot Bitcoin ETF approval would see all of these asset managers trying to grab between $10 and $20 billion in fees. They will also be pushing for marketing which Kang believes every dollar spent on marketing in 2024 becomes even more important in 2025. \u201cWhen you think about the size of the opportunity, it shouldn&#8217;t surprise us to see marketing\/ad spend on the scale of 2021 bull madness,\u201d Kang said. \u201cWhen you consider the importance of timing for issuers, maybe we even take it a level further. It&#8217;s going to be a bonanza.\u201d Related Reading: Crypto Analyst Says History Shows What Might Be Next For Bitcoin, But Is It Good Or Bad? Also responding to and buttressing Kang\u2019s point is @ChainLinkGod who gave their own insight into how bullish an approval is. They explain that all of the asset managers who have filed for Spot ETFs are inherently long on Bitcoin. \u201cYes, they don\u2019t technically have any directional exposure, but all else equal, a 10x in the price of bitcoin is a 10x in yearly management fees,\u201d ChainLinkGod explains. They further add that each applicant will be looking to become the dominant player as this means they will be able to harvest billions of dollars in fees passively for years. \u201cAll of which involves massive ad spend, shilling $BTC at every public appearance, and advising all their clientele *this year* to get exposure to $BTC via their ETF,\u201d they explain. Given this, a potential approval is more bullish than bearish for Bitcoin as the players struggle for dominance. Featured image from Investopedia, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":567731,"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":[428,532,656,679,86326,1119,89185,1144,78790,89193,8379],"class_list":["post-567721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-etf","tag-bitcoin-news","tag-bitcoin-price","tag-bitcoin-spot-etf","tag-btc","tag-btc-news","tag-btcusd","tag-btcusdt","tag-etf-news","tag-etfs"],"acf":[],"yoast_head":"\n<title>Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond<\/title>\n<meta name=\"description\" content=\"All attention of crypto investors has turned toward January 10 when the first Spot Bitcoin ETF is expected to be approved.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond\" \/>\n<meta property=\"og:description\" content=\"All attention of crypto investors has turned toward January 10 when the first Spot Bitcoin ETF is expected to be approved.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/\" \/>\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=\"2024-01-03T00:05:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:05:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-Spot-ETF.jpeg?fit=1500%2C1000\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\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=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond\",\"datePublished\":\"2024-01-03T00:05:56+00:00\",\"dateModified\":\"2024-06-11T07:05:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/\"},\"wordCount\":653,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-Spot-ETF.jpeg?fit=1500%2C1000\",\"keywords\":[\"bitcoin\",\"Bitcoin ETF\",\"Bitcoin news\",\"bitcoin price\",\"Bitcoin spot ETF\",\"btc\",\"BTC news\",\"btcusd\",\"BTCUSDT\",\"ETF news\",\"ETFs\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/\",\"name\":\"Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-Spot-ETF.jpeg?fit=1500%2C1000\",\"datePublished\":\"2024-01-03T00:05:56+00:00\",\"dateModified\":\"2024-06-11T07:05:34+00:00\",\"description\":\"All attention of crypto investors has turned toward January 10 when the first Spot Bitcoin ETF is expected to be approved.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-Spot-ETF.jpeg?fit=1500%2C1000\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-Spot-ETF.jpeg?fit=1500%2C1000\",\"width\":1500,\"height\":1000,\"caption\":\"Bitcoin Spot ETF\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.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:\/\/wncen.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond","description":"All attention of crypto investors has turned toward January 10 when the first Spot Bitcoin ETF is expected to be approved.","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:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/","og_locale":"en_US","og_type":"article","og_title":"Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond","og_description":"All attention of crypto investors has turned toward January 10 when the first Spot Bitcoin ETF is expected to be approved.","og_url":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-01-03T00:05:56+00:00","article_modified_time":"2024-06-11T07:05:34+00:00","og_image":[{"width":1500,"height":1000,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-Spot-ETF.jpeg?fit=1500%2C1000","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":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond","datePublished":"2024-01-03T00:05:56+00:00","dateModified":"2024-06-11T07:05:34+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/"},"wordCount":653,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-Spot-ETF.jpeg?fit=1500%2C1000","keywords":["bitcoin","Bitcoin ETF","Bitcoin news","bitcoin price","Bitcoin spot ETF","btc","BTC news","btcusd","BTCUSDT","ETF news","ETFs"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/","url":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/","name":"Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-Spot-ETF.jpeg?fit=1500%2C1000","datePublished":"2024-01-03T00:05:56+00:00","dateModified":"2024-06-11T07:05:34+00:00","description":"All attention of crypto investors has turned toward January 10 when the first Spot Bitcoin ETF is expected to be approved.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-Spot-ETF.jpeg?fit=1500%2C1000","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-Spot-ETF.jpeg?fit=1500%2C1000","width":1500,"height":1000,"caption":"Bitcoin Spot ETF"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.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:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond","url":"http:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-spot-etf-sell-the-news\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-Spot-ETF.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-Spot-ETF.jpeg?fit=1500%2C1000"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin etf","bitcoin news","bitcoin price","bitcoin spot etf","btc","btc news","btcusd","btcusdt","etf news","etfs"],"dateCreated":"2024-01-03T00:05:56Z","datePublished":"2024-01-03T00:05:56Z","dateModified":"2024-06-11T07:05:34Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-spot-etf-sell-the-news\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-spot-etf-sell-the-news\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Bitcoin-Spot-ETF.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Bitcoin-Spot-ETF.jpeg?fit=1500%2C1000\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin etf\",\"bitcoin news\",\"bitcoin price\",\"bitcoin spot etf\",\"btc\",\"btc news\",\"btcusd\",\"btcusdt\",\"etf news\",\"etfs\"],\"dateCreated\":\"2024-01-03T00:05:56Z\",\"datePublished\":\"2024-01-03T00:05:56Z\",\"dateModified\":\"2024-06-11T07:05:34Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Bitcoin-Spot-ETF.jpeg?fit=1500%2C1000","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/567721"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=567721"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/567721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/567731"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=567721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=567721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=567721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}