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Sky Bridge CEO Anthony Scaramucci recently took to X and said that the Bitcoin (BTC) cash ETF (Exchange Traded Fund) could be approved next week. Scaramucci says it’s a holiday week, and people aren’t paying attention. Hence, ETF approval news could get buried in the celebrations. Scaramucci states, “Classic news dump. Market isn’t expecting it. Be ready.“

Investors in the US have long waited for a Bitcoin (ETF). It seems like their wishes are close to being granted. Scaramucci had previously predicted an early January approval date for a spot BTC ETF. While speaking in a podcast, he said that the Jan. 10, 2024, deadline seems likely. However, the Sky Bridge founder may have changed his stance and now anticipates an earlier date.

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