![Why Bitcoin Soars High on ETF Hype](https://metanews.com/wp-content/uploads/2023/10/6A2A5395-5E27-4D07-B704-9CB3EA2C1594-300x169.jpeg)
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