Institutional Investors Clamor for Bitcoin Amid Hopes for Spot ETF Approval
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Institutional investors eager to buy bitcoin amid optimism over a spot ETF approval.
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Bitcoin rallied to $35,000 after a BlackRock ETF symbol appeared on a key database.
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CME bitcoin futures open interest hit a record $3.4 billion as institutions pile in.
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CME now commands 25% of bitcoin futures market share, approaching Binance.
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Hong Kong bitcoin futures ETF saw record volume of $22 million amid heavy inflows.
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