Nikolas Sargeant
Leading cryptocurrency exchange Bybit has just launched an engaging campaign, inviting participants to predict the approval status of the Bitcoin Exchange Traded Fund (BTC ETF) for a chance to win a share of the 50,000 USDT prize pool.
#BTCETF
— Bybit (@Bybit_Official) January 10, 2024
✅ Approved OR ❌ Not Approved
Send in your predictions and be part of the 50,000 USDT Prize Pool: https://t.co/Pm0yAz8dr4#WishUponABitcoin pic.twitter.com/nmAsYQFEht
The campaign period extends from now until January 10, 2023, at 10 PM UTC.
Bybit is a prominent cryptocurrency exchange platform that facilitates the trading of various digital assets. Established to meet the evolving needs of crypto enthusiasts, Bybit offers a user-friendly interface, advanced trading tools, and a diverse range of trading pairs. Traders can engage in spot trading, perpetual contracts, and other innovative financial instruments, making Bybit a comprehensive solution for both beginners and experienced traders. Read more in our full review of Bybit.
A Bitcoin futures exchange-traded fund (ETF) issues publicly traded securities that provide investors with exposure to the fluctuations in the prices of Bitcoin futures contracts. A decision on the potential approval is expected this week and will likely have a large impact on the value of Bitcoin either way.
To join the competition, participants are required to follow a few simple steps. Firstly, they need to follow Bybit on X platform and then retweet a specified post on the same platform. The highlight of the campaign involves participants making their predictions on whether the BTC ETF will be approved or not.
To ensure eligibility, participants are reminded to fulfill all the required steps and await the announcement of the results once the campaign concludes. With the lure of a generous 50,000 USDT prize pool, this Bybit campaign adds an exciting dimension to the ongoing discussions surrounding the approval of BTC ETF.
