Institutional Investors Clamor for Bitcoin Amid Hopes for Spot ETF Approval

Institutional investors eager to buy bitcoin amid optimism over a spot ETF approval.

Bitcoin rallied to $35,000 after a BlackRock ETF symbol appeared on a key database.

CME bitcoin futures open interest hit a record $3.4 billion as institutions pile in.

CME now commands 25% of bitcoin futures market share, approaching Binance.

Hong Kong bitcoin futures ETF saw record volume of $22 million amid heavy inflows.