![Bitcoin [BTC] Decouples From Nasdaq Amid ETF Speculation](https://digitallifegaming.com/wp-content/uploads/2023/12/6MLC6M43OZFWTIWOZ54O6UT354-768x402.jpg "Bitcoin [BTC] Decouples From Nasdaq Amid ETF Speculation")
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The latest decoupling from the two can be explained by the fact that the crypto market, since October, has been squarely focused on expectations for a spot BTC ETF launch in the U.S. The Securities and Exchange Commission is likely to decide on nearly a dozen spot ETF applications by Jan. 10, potentially opening doors for widespread adoption of the asset class.
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