Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
The Bitcoin Spot ETF could create a lot of sell pressure.
Here is why:
If you're looking to speculate on the impending Bitcoin Spot ETF approval, a logical move would be to invest in $GBTC. Currently, you can acquire Bitcoin at a 17% discount.
The fund has more Bitcoin than its actual market value represents. Grayscale Bitcoin Trust (GBTC) holds 636,696 $BTC. That's why you have a discount.
If you're aiming to speculate on the upcoming ETF approval, GBTC is a viable option to consider.
Once the ETF gets approved, there's potential to offload it for a profit margin of at least 20-30%. This implies that the 636,696 Bitcoins that Grayscale possesses might become available in the market.
#ContentStar #BountyCreator #GateioBountyCreator #GateLive #contentstar #NewsMessenger #HotTopicDiscussion