3 reasons why a Bitcoin ETF approval will be a game changer for BTC price
A Bitcoin ETF approval will open the door for more conservative investors and this could have an irreversible impact on BTC price.
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A Bitcoin ETF approval will open the door for more conservative investors and this could have an irreversible impact on BTC price.
Bloomberg analysts expect a BTC ETF approval in the next few months, and clever options traders might use this strategy to profit from the possibility.
“A launch could come as soon as October, and we believe the SEC should permit several at once to avoid handing out a first-mover advantage,” Bloomberg ETF analysts said.
No sign of an ETF launch approval in the U.S. as yet, with Europe soon to see a pioneering Bitcoin futures product.
Bitcoin's price finally recaptured the $50,000 level, but data shows that pro traders are somewhat skeptical for a variety of reasons.
It’s unclear why both asset managers chose to apply for and withdraw seemingly similar applications for Ether ETFs on the same days.
SEC filings reveal that BlackRock has invested almost $400 million into Riot Blockchain and Marathon Digital Holdings stock.
The latest two filings bring the total number of ETF applications this year to 23.