"Bitcoin ETF Uncertainty Looms as SEC Deliberations Impact Market Volatility"

Fidelity's Wise Origin Bitcoin Fund may soon be listed on the CBOE exchange, pending SEC approval. The SEC has until January 10 to decide on this and other Bitcoin ETF applications. A Bitcoin ETF would allow traditional investors to invest in Bitcoin without directly buying or storing the cryptocurrency. Despite the potential for market manipulation concerns, the entry of traditional finance giants like Fidelity could influence the SEC's decision. Currently, the market is responding positively to the possibility of an ETF approval, with Bitcoin's price showing a slight recovery after a recent drop.