Posted 10/23/2023, 5:19:38 PM
Bitcoin Jumps Past $31,000 on Growing Optimism for SEC Approval of Spot Bitcoin ETF
- Bitcoin surges past $31K as optimism grows for approval of spot BTC ETF by SEC
- Institutional investors pouring money into crypto, JPMorgan analysts predict spot Bitcoin ETF by Christmas
- SEC has denied spot Bitcoin ETFs for years citing potential for manipulation, but outlook changing
- BlackRock applies for Bitcoin ETF, Grayscale wins case to convert fund to ETF format
- Bitcoin up 88% in 2022 but still 55% below November 2021 all-time high of $69K
