BTC Price Forecast: Will Australia ETF Approval Drive BTC to $70,000? Bitcoin’s downward price trend remained unaffected on Monday morning, despite positive sentiment surrounding Australia’s imminent Spot BTC ETF approval. In the early hours of April 29, BTC price slid to a 10-day low o...
2024: ETFs Approval, the Bitcoin Halving, and Renewed Optimism Bitcoin had a monumental year in 2024 with record-breaking price action. The long-awaited approval of Bitcoin Spot ETFs was pivotal. By January 11, 11 ETF funds debuted, drawing massive institutional interest. Bitcoin surged past $49...
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Meanwhile, there is growing excitement that the U.S. Securities and Exchange Commission will approve thefirst ever bitcoin ETF, after years of opposition. This would mean investors can buy a product that tracks the price of bitcoin, without having to go on to an exchange and hold the digital...
Bitcoin Price Drops to Around $98,000 on Global Exchanges Amid Ongoing US-China Trade Tensions Bitcoin Falls to $94,000 as Market Sees Over 9 Percent Drop Following Trump's New Tariff Decisions US SEC Gives Initial Approval to Combined Bitcoin, Ether ETF ...
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Despite potential pressure post-ETF approvals, Bitcoin’s price may rise with three upcoming catalysts. ETF greenlights ease institutional accumulation, Ark Invest’s Cathie Woodforesees $1.5 million, and Fidelitypredicts $100 million by 2035and $1 billion by 2038. ...
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ProShares and VanEck also signal a potential price resurgence to previous highs. These hedge funds and investment firms have all put their backing behind Bitcoin ETF products, and with the approval of relevant authorities, could spark an inflow of funds le...