Bitcoin Soars Past $70K as BlackRock and Wall Street Embrace Bitcoin ETFs

Bitcoin price has soared past $70K, erasing 2022 crash, boosted by BlackRock and Wall Street spot bitcoin ETF approvals.

Claims Morgan Stanley "racing" to be first big bank to approve bitcoin ETFs, wanting to beat other Wall Street giants.

Total inflows into new spot bitcoin ETFs hit $12.2 billion this week, led by BlackRock and Fidelity.

Citi, Goldman Sachs, UBS and others joining as authorized participants for BlackRock's bitcoin ETF.

Crypto traders focused on Bitcoin's upcoming "halving" supply cut in April, which could influence price alongside ETF launches.