Last week, Bitcoin transactions exceeding $100k, often associated with 'big' investors, reached a year-to-date high of 23,400. According to data from IntoTheBlock, this increased activity coincides with Blackrock (NYSE:{13078|BLK}}) filing for an ETF and is said to have increased interest in Bitcoin among large and small investors. organizations.
The U.S. Securities and Exchange Commission (SEC) is expected to approve several spot ETFs next year. This development has the potential to push Bitcoin's market value to
42K
or more.
The U.S. Securities and Exchange Commission (SEC) is expected to approve several spot ETFs next year. This development has the potential to push Bitcoin's market value to
42K
or more.