Bitcoin Price Prediction: SEC’s First Multi-Asset ETP Could Propel BTC Beyond $120K
Wall Street's latest crypto embrace sends shockwaves through traditional finance.
The SEC just greenlit its first multi-asset cryptocurrency ETP—and Bitcoin's poised to reap the biggest rewards. This isn't just another approval; it's institutional validation on steroids.
Why $120K isn't just hopium
Massive liquidity inflows from traditional investors who'd rather hold a regulated product than actually understand blockchain technology. The ETP structure provides familiar ground for institutional money—finally letting fund managers check the 'digital assets' box without having to explain private keys to their compliance departments.
Market mechanics favor extreme upside
Limited Bitcoin supply meets unprecedented institutional demand. The math gets simple when pension funds and ETFs start competing for the same fixed supply of coins. Meanwhile, traditional finance veterans are still trying to figure out if Bitcoin is a currency, commodity, or some kind of digital magic—but they're buying anyway because their benchmarks are bleeding.
The cynical take: Wall Street always co-opts what it can't suppress. First they ignored crypto, then they fought it, now they're packaging it into fee-generating products that would make their grandfathers proud. The real innovation? Finding new ways to charge 2% management fees on an asset designed to bypass financial intermediaries.
Bet on the numbers, not the narratives. $120K might just be the beginning.
SEC Clears Grayscale’s First Multi-Asset ETP
The SEC has approved Grayscale’s Digital Large Cap Fund (GLDC), the first U.S. multi-asset crypto exchange-traded product. The ETP provides exposure to Bitcoin, Ethereum, XRP, Solana, and Cardano without requiring investors to manage wallets or exchange accounts.
SEC Approves First Multi-Asset crypto ETP: Grayscale's GLDC Fund Launches! pic.twitter.com/WST4JmjUkt
This MOVE follows the success of spot Bitcoin ETFs and reflects regulators’ new listing standards, which are designed to simplify crypto fund approvals on Nasdaq and NYSE Arca. Grayscale CEO Peter Mintzberg called the launch a milestone for mainstream adoption.
Approval strengthens Bitcoin’s role as the cornerstone of institutional crypto strategies, even as investor interest broadens into altcoins.
Laos Turns to Bitcoin Mining for Debt Relief
Laos, known as the “battery of Southeast Asia,” is exploring Bitcoin mining to ease its $1.3 billion annual hydropower debt. By using surplus electricity for mining, Laos could convert unused power into globally liquid assets.
JUST IN:Laos is mining #Bitcoin and crypto using surplus energy – South China Morning Post
Nation-states are herepic.twitter.com/EU8UY607gp
The country experimented with mining in 2021 but halted new projects in 2023 due to drought and grid stress. Now, as repayment pressures mount, officials are re-evaluating crypto mining as a way to monetize stranded energy.
This strategy mirrors Bhutan and Ethiopia, where renewables are being redirected to crypto. It reinforces Bitcoin’s growing narrative as “digital energy money.”
Bitcoin Price Forecast – Technical Outlook
On the 4-hour chart, Bitcoin consolidates inside a rising wedge, trading NEAR $117,366. The 50-SMA at $116,000 and the 200-SMA at $113,243 provide firm support.
Candlestick rejections near $115,800 suggest buyers continue to defend key levels, while the RSI at 59 shows cooling momentum without signaling overbought conditions.
If BTC closes above $117,978, a climb toward $119,287 and $120,298 is likely, with room for $125K–$130K in the weeks ahead.
A break below $116,000 could trigger a pullback toward $114,400 or even $113,200. For now, the bias stays cautiously bullish, with long-term potential for a $500,000 supercycle if liquidity and macro tailwinds align.
Presale Bitcoin Hyper ($HYPER) Combines BTC Security With Solana Speed
Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin-native Layer 2 powered by the Solana VIRTUAL Machine (SVM). Its goal is to expand the BTC ecosystem by enabling lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation.
By combining BTC’s unmatched security with Solana’s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp development.
The team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its foundations.
Momentum is building quickly. The presale has already crossed $16.8 million, leaving only a limited allocation still available. At today’s stage, HYPER tokens are priced at just $0.012945—but that figure will increase as the presale progresses.
You can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank card.
Click Here to Participate in the Presale