In recent headlines, the crypto world witnessed a legal showdown between Bitcoin (BTC) and the SEC, drawing significant attention. Interestingly, the former chairman of the SEC has offered insights hinting at the imminent approval of a Bitcoin (BTC) ETF. Alongside this anticipation in the crypto landscape, investors in VC Spectra (SPCT) are also eyeing a remarkable and seemingly inevitable profit potential.
Let’s explore why experts believe VC Spectra (SPCT) is the next best crypto to invest in!
Ex-SEC Chairman Says Bitcoin (BTC) ETF is Inevitable
In a recent interview talking about the Bitcoin future on CNBC Squawk Box, former U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton expressed his belief that the approval of a Bitcoin (BTC) spot market exchange-traded fund (ETF) is inevitable.
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Clayton's statement comes in light of the ongoing debate surrounding cryptocurrency ETFs, particularly those tied to the spot market. He emphasized that it is evident that Bitcoin, the largest cryptocurrency by market capitalization, should not be classified as a security.
This statement follows a legal battle last month in which the SEC lost to Grayscale over the rejection of the crypto firm's application for a spot market BTC ETF. The judge in the case ruled that the SEC must reconsider its position to maintain consistency.
Following Clayton's optimistic comments, the price of Bitcoin (BTC) experienced a surge of 1.44% within 24 hours. Prior to the news, BTC was trading at $25,752, but after the announcement, it climbed to $26,125. This notable price increase suggests that investors view the potential approval of a spot market Bitcoin ETF as positive news for future BTC price prediction.
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As per BTC price prediction, Bitcoin (BTC) is expected to continue its ascent, but much depends on the outcome of the ongoing legal battle surrounding ETF approvals. If regulatory authorities move closer to approving a spot market BTC ETF, it could pave the way for increased institutional and retail investment in Bitcoin, potentially improving the prospects for future BTC price prediction.
Experts Favor VC Spectra (SPCT) for Substantial Gains in 2023
As the legal tussle between Bitcoin (BTC) and the SEC heads toward a crucial turn, VC Spectra (SPCT) is all set for a 32% surge in the next stage of its public presale, making its way to the list of the top altcoins.
VC Spectra (SPCT) is a decentralized investment management firm that seeks investment opportunities with high profit potential and minimum risk.
SPCT is a BRC-20 standard token that can be used on the VC Spectra platform for asset management, decentralized trading, and payment of transaction fees. VC Spectra (SPCT) is built on the Bitcoin blockchain and follows a deflationary model, implying that its supply reduces over time.
VC Spectra (SPCT) entered Stage 1 of its public presale after concluding a successful private seed sale, raising a remarkable figure of $2.4 million. The price of VC Spectra (SPCT) in Stage 1 of its public presale was $0.008. It has surged to $0.025 in Stage 3, implying a profit of 212.5% for Stage 1 investors.
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The price of VC Spectra (SPCT) is set to jump by another 32% in Stage 4 to $0.033. New Stage 3 investors will thereby receive a whopping 220% profit at the end of the public presale when its price will reach $0.08. In addition, VC Spectra (SPCT) has announced that it will start paying out dividends to its investors in the public presale stage!
Learn more about the VC Spectra presale here:
Website:https://vcspectra.io
Telegram:https://t.me/VCSpectra
Twitter:https://twitter.com/spectravcfund
