Bitcoin ETF Approval on Horizon as Investors Anticipate Billions in New Investments
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Investors anticipate regulatory approval of a Bitcoin ETF, hoping it will encourage more investment in digital assets.
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Grayscale scored a legal victory over the SEC, seeming to pave the way for it to offer a Bitcoin ETF.
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BlackRock filed paperwork to establish ETFs to track Bitcoin and Ether prices.
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Approval could come as early as January, bringing potentially billions in new money.
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Skeptics doubt an ETF would attract much new capital, rather than shuffling existing investments.