Bitcoin Surges to 17-Month High on Prospect of ETF Approval

Bitcoin hits 17-month highs near $35,000 as ETF hype builds.

Spot ETF approval appears imminent based on DTCC data listing.

Some analysts cautiously optimistic, while others warn of potential "sell the news" event.

No more CME futures gaps remain above current price levels.

Some traders take profits near highs, questioning sustainability of rally.