Will the SEC say yes to the dress?

Pending Bitcoin ETFs, Ethereum Upgrades and more

Author

Boys Club
January 07, 2024

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Have you heard the news? Boys Club is hosting our first full-day summit during SXSW on consumer crypto and digital culture, called /brandnew.

❤️ Partners include Kraken, Seed Club, LUKSO, IYK, Zora, PayPal PYUSD, Near, Console and Uniswap. ❤️

Members and Zaddy holders get special pricing, and only 200 spots are available. Get in now before they go.

Boys Clubs /brandnew

(It’s crypto but not cringe.)

boysclub.vip/brandnew

Bye!

The Boys

Writer: Deana

Pending As F*ck. Will they or won’t they? The whole world Crypto Twitter is absolutely dying to know if the SEC is going to play ball with Bitcoin and approve a spot ETF or 10. The timeline for approvals? Maybe this week, maybe not! If one Bitcoin spot ETF gets approved, folks expect a cascade of approvals to follow, unlocking Big Daddy TradFi money inflows to the crypto ecosystem. Some back office filings from Friday afternoon are signaling positive movement. For the record, not everyone is vibing with this! Want to learn more? Listen to our latest pod covering the news.

ETH Upgrades. Your favorite hat’s favorite crypto asset is getting a glow-up soon. The Ethereum Dencun upgrade is confirmed for later this month, with a goal to scale the blockchain by making space for more “blobs” of data. This is called “Proto-Danksharding,” a phrase which feels 4chan-coded. The upgrades are expected to reduce gas fees and overall congestion. This is cool! For what it’s worth, Goldman Sachs also thinks it’s cool. Are the stars aligning for ETH? The Celsius sell-off may be done soon, and hey, if an ETH ETF gets approved behind Bitcoin, maybe yes. Thanks to Dentoshi for the hot tip on this story!