Bitcoin price rises as signs mount that an ETF approval is looming

Bitcoin price rises as signs mount that an ETF approval is looming

bitcoin 10 mins chart

All signs continue to point to an imminent approval of a bitcoin ETF.

The latest is that Fidelity’s trading app shows tickers for the prospective spot ETFs, though they’re not yet available to trade.

Other reports are highlighting a Cboe filing that says it’s approved the application for Ark’s ETF, though I think that one’s not a tell.

Whatever straw-grasping is going on here I expect will be immaterial within hours. Every credible report says an ETF will be approved today, sometime after the close and before 8 pm ET.


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