Crypto Market Surges $600B as BlackRock Files for Bitcoin ETF, Adds Momentum for Spot ETF Approval
-
Bitcoin, ethereum, and XRP prices have surged, adding $600B to crypto market cap.
-
BlackRock applying for bitcoin ETF in June kicked off Wall Street rush toward crypto.
-
Ark Invest's Cathie Wood calls BlackRock's bitcoin ETF filing a "breakthrough" that will drive bitcoin price higher.
-
U.S. SEC yet to approve a bitcoin spot ETF despite approving bitcoin futures ETF in 2021.
-
Bitcoin price corrected this week but expected to retest last week's highs soon.