The Best Time To Buy Crypto Is NOW

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This is the best time to invest in cryptocurrency.

Tell everyone.

The price of one Bitcoin is now $37,000, the highest price it has reached in 18 months.

One Ethereum is now priced at $2,100, soaring up from $1,500 in less than one month.

What’s happening?

Photo by Mathieu Stern on Unsplash

The world could be seeing both a bitcoin ETF and an ethereum ETF.

First, there is strong speculation that the SEC or Securities and Exchange Commission may finally approve a spot bitcoin ETF.

Several major investment firms have already filed for those ETFs, including BlackRock (BLK) and Invesco (IVZ).

So far though, the SEC still has not approved a bitcoin ETF. The regulator has long opposed this, like when they stopped digital currency asset management company Grayscale in its attempt to convert its bitcoin trust product into an ETF a few months ago.

BUT, a court overruled that decision in August.

In the recent months, there is growing optimism that the SEC will finally approve a bitcoin ETF.