Ben Armstrong has proclaimed his purpose to attain what has but to be completed in securing approval for a Bitcoin BTC/USD exchange-traded fund (ETF).
What Occurred: “At the moment I’m going to aim one thing that to this date, nobody has been in a position to do,” Armstrong wrote in a tweet on X, referencing previous efforts by trade giants such because the Winklevoss Twins, Cathie Wooden, and Blackrock.
Setting his sights on Washington D.C, Armstrong stated, “At the moment, I’m heading to DC to push this factor over the end line. At the moment dwell at 12pm.”
The cryptocurrency influencer didn’t cease there, he tweeted that he already has plans for his subsequent endeavor.
“I don’t have a good time wins by stress-free. As soon as I get the Bitcoin ETF permitted this week, my subsequent step can be to get the Ethereum ETH/USD ETF permitted,” he stated, laying out a timeline with aspirations to finish each approvals by mid-Q2 and even the tip of Q1, dedicating himself to “a lot work to do.”
Bitcoin surged previous the $47,000 mark on Monday, a peak not noticed since April 2022, fueled by rising pleasure over the potential approval of a pioneering spot-based BTC ETF within the U.S.
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Why It Issues: This comes as Armstrong’s relationship with the platform he based, BitBoy Crypto, has been strained. In August 2023, the platform publicly disassociated itself from Armstrong.
In September, Armstrong was implicated in an alarming incident. Following what he coined as a mission to retrieve his Lamborghini, Armstrong streamed dwell, claiming a person named Carlos Diaz would possibly pose a risk to his life.
“If Carlos Diaz comes out of his home and tries to kill me dwell on YouTube, then it is simply gonna need to be what it is gonna be, Carlos,” he stated, hours earlier than a police intervention halted the livestream.
Worth Motion: On the time of writing, BTC was buying and selling at $46,703.35, up 7% on Tuesday, in accordance with Benzinga Professional.
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