BlackRock's Bitcoin ETF Approval Predicted to Cause Major BTC Price Surge
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Author predicts BlackRock's Bitcoin ETF approval will cause BTC price surge as they acquire hundreds of thousands of coins to meet demand.
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Warns there's no way BlackRock can buy that much Bitcoin without significantly moving the price up.
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Recent Bitcoin ETF speculation has already led to positive price movements.
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CoinShares reported the largest weekly inflows in 3 months last week, believed to be from Bitcoin ETF hype.
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Inflows between weeks spiked by the most in almost 2 years, noted as "ETF Anticipation Fueling the Largest Surge in Inflows Since Late 2021."