How are you all I hope everyone is well Alhamdulillah I am also well by the grace of Allah. We all know sec has approved bit coin etf. As a result, it is now listed on the US stock market. And this news is a big news for all of us. As a result, the market will go to a better position in the future. If the market will be down for several days, hopefully we will see a better market in the future. The market is becoming quite stable, so that the price of Bitcoin is not afraid of going down so much. Now Bitcoin won't go below 40k$ because there is a lot of support. Moreover, due to etf approve, blockrock has held about 450 million usd, as a result of which the market will now be in a good position. Moreover, big companies such as Google, Facebook have also received a lot of support in the market to invest in this bitcoin etf, and we hope to see a big pump in the future, after which it will be at the end of this month. Let's see what happens. There is a lot of liquidity coming into the market right now and I think it will continue to come. Comment your opinion.


[Source](https://www.pexels.com/photo/gold-bitcoin-coins-and-cash-in-a-miniature-shopping-cart-5980876/)

It is completely wrong to say that there is only one coin to invest in the crypto market at present. There are many coins in the market to invest in and one of them is Ethereum coin. Ethereum coin has also been applied to ETF. Very soon it may also get approval. I think there is no doubt that the price of Altcoins will increase if Ethereum etf approves. Some places Ethereum is better than Bitcoin. For example, in Bitcoin it takes a long time for coins to move from one block to another but in Ethereum it takes much less time. The Ethereum coin may be approved in May. I think this is good news for Altcoins. At present, everyone's interest is in Bitcoin, but the number of investments in Altcoin is very low, so it is not growing so much. I think when the price of Bitcoin goes to a stable position people will start investing in Altcoins and as a result we will get our profits.


[Source](https://www.pexels.com/photo/gold-bitcoin-844127/)

Bitcoin halving time is coming. And halving is an event that will give people a lot of profit. In my opinion, many people want to get profit in bitcoin halving, so they are still long. Hopefully after the halving, the price of Bitcoin will be above 1 lakh. In addition to that, people will have a good look at all the other coins, then all the coins will raise their prices. So we have to wait till then and as I said of course etf is good for us but it has its downsides as a result of etf approve the price will not come down so much and the price will not increase too much. So hopefully we will see better prices in the future. However, it is not yet known whether Ethereum will be approved. According to many Bitcoin won't get approval in January but Bitcoin got approval in January. Because Black Rock was behind it.


[Source](https://www.pexels.com/photo/selective-focus-photo-of-silver-and-gold-bitcoins-8369687/)

If big companies like Blackrock apply for etf approve, then Ethereum will get approval, making the market more stable. No one wants to see a big market down. So all these etfs save us from big downs. So friends this was today's post. Comment how the post is. See you in the new post.