This week on Crypto Twitter: ETF fever won’t break.

ETF fever has taken over the crypto world – and now it seems to have control over markets and discourse that is all-consuming and won't stop until judgment comes.

Already heated speculation has reached new heights this week on Crypto Twitter as heated speculation and predictions about the highly anticipated financial product are fueling spirits and crypto prices.

The biggest shock to the system came on Wednesday, when a Terrible report Digital asset manager Matrixport predicted that the Securities and Exchange Commission (SEC) would reject all Bitcoin ETF applications in January.

Almost immediately, BTC took a nosedive, shedding more than 7% and falling below $42,000 in a few hours. Obviously, the Bitcoin market gasps at any sign related to the ETF's prospects, and not without reason: a financial product that allows traditional financial institutions and investors to gain exposure to BTC without holding any cryptocurrency, can be linked to each other. It is worth 14 trillion dollars The American economy with Bitcoin.

Experts were quick to object to the Matrixport paper, however, scoffing that it was based on improper sourcing and flawed analysis. Such analysts were quite confident that the Bitcoin ETF would be approved this month.

Rest assured with those confirmations, BTC quickly He returned again Back to pre-Matrixport levels.

Perhaps after all that upheaval, desperate to get rid of all the fuss, many crypto Twitter denizens started clamoring yesterday that the SEC was set to approve the first Bitcoin ETF on Friday.

Alas, however, no rest came. While all the hopeful Bitcoin ETF applicants submitted updated applications, the SEC had nothing to announce, leaving many in crypto woefully prepared for another weekend of nail-biting uncertainty.