Bitcoin Surges on Hopes of Imminent Approval of Crypto ETFs

Bitcoin and other cryptocurrencies gained Tuesday as momentum for digital assets continued.

Rising expectations that regulators will soon approve spot Bitcoin exchange-traded funds, a long-awaited catalyst for cryptos.

Cryptocurrencies could see higher prices if Bitcoin ETFs are approved.

The article discusses how high Bitcoin prices could go if ETFs are approved.

The article originally appeared in Barron's on October 17, 2023.