The SEC's approval of the Bitcoin #ETF is a game-changer, affirming crypto's stability with a regulatory framework. LCX is thrilled to have backed crypto regulation from the start, and now, with this green light, we're ready for even greater growth!

💸 BlackRock, a major player, has disclosed a $100,000 seed investment, emphasizing a long-term approach to the Bitcoin ETF. Mitchnick emphasizes that this is just the beginning of a continuous journey in the crypto space. 🚀

🔄 Liquidity will be supported by Bitcoin's spot market, futures markets, and Bitcoin futures ETFs, according to @NYSE Head of Exchange Traded Products, Douglas Yones. The NYSE has various liquidity programs in place for a dynamic and liquid market. 💹

💼 Market makers are ready to step in, leveraging natural hedges and a robust price-discovery process. Robert Mitchnick, Head of Digital Assets at @BlackRock , highlighted their partnership with Coinbase to navigate this new landscape.

💧 Liquidity is a key focus. With 11 spot Bitcoin ETFs on offer, liquidity providers and market makers have spent months preparing. The market is expected to remain efficient with the influx of interest on launch day. 💱

💼 These ETFs open the door for virtually any retail customer to gain exposure to Bitcoin's price through conventional brokerage apps. Traditional financial institutions can also invest without navigating the complexities of crypto exchanges. 🏦

After years of attempts, Spot Bitcoin ETFs have received approval in the U.S. The next step is the highly anticipated debut on U.S. markets, including NYSE, Cboe Global Markets, and Nasdaq, with major trading firms set to provide liquidity. 📊

🕓 The buying and selling could technically start as early as 4 a.m. ET (09:00 UTC) when U.S. stock exchanges open, offering an early start compared to the traditional daily opening ceremonies held later. 🌅