Posted 12/6/2023, 9:44:49 PM
Bitcoin Surges on ETF Hopes, Court Ruling, and Rising Institutional Interest
- Anticipation of spot Bitcoin ETF approval leading to additional capital inflows
- Court ruling closing Grayscale lawsuit seen as kickstarting the rally
- People front-running expected flows from potential ETF launches
- SEC approval of spot Bitcoin ETF could give asset class regulatory stamp of approval
- Accompanied by highest Bitcoin trading volume since November 2022 indicating institutional interest