US spot ETF

Bitcoin 
BTC $43,686 starts 2024 160% higher than a year ago — and arguably the year’s biggest news event is due within days.BTC price strength endured over the yearly candle close, with no last-minute volatility disrupting either bulls’ or bears’ plans.
What’s next? The first half of January is set to be unlike any other in Bitcoin’s history — the deadline for approving the United States’ first spot price exchange-traded fund (ETF) is here.
Opinions over how markets will react to the decision — whether good or bad — are mixed.
Some believe that a green light will open the floodgates of institutional investment capital and that Bitcoin will never be the same as a result. Others see an ETF launch as ultimately a mixed blessing and that the immediate reaction to greenlighting it will be a snap BTC price retracement.
2024 is set to be significant throughout — just four months away lies Bitcoin’s next block subsidy halving, and on-chain data shows how miners are preparing for a shock to the system.
Network fundamentals are already starting the year right — data sees a 1.5% difficulty increase this week, taking it to new all-time highs.
That could easily change, however, as ETF tensions boil over — a rejection, after all, is not off the cards but is a scenario that many have begun to forget.