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Why Bitcoin Soars High on ETF Hype

Why Bitcoin Soars High on ETF Hype

Bitcoin (BTC) briefly rose above $35,000 for the first time since May 2022, driven by speculation that U.S. regulators will soon approve a Bitcoin exchange-traded fund (ETF). The price of BTC reached $35,086 on Tuesday, up over 17% in 48

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Grayscale's Landmark ETF Win Boosts Bitcoin (BTC) by 7%

Grayscale’s Landmark ETF Win Boosts Bitcoin (BTC) by 7%

The U.S. federal appeals court has signaled to the U.S. Securities and Exchange Commission (SEC) to reconsider its previous decision regarding Grayscale Investments’ proposal to transition the Grayscale Bitcoin Trust (GBTC) into an Exchange-Traded Fund (ETF). According to experts, this

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Bitcoin Surges Past $31K as Spot BTC ETF Issuers Re-apply

Why Bitcoin Surged Past $31K as Spot BTC ETF Issuers Re-apply

Bitcoin made a remarkable resurgence on Tuesday, briefly crossing$31,000 after several prospective bitcoin exchange-traded fund (ETF) issuers resubmitted their applications to the U.S. Securities and Exchange Commission (SEC).  As the world’s largest digital asset, bitcoin’s rally has triggered similar price

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