The regulatory approval of the Bitcoin Spot ETF (Exchange-Traded Fund) has got everyone talking. Recent developments regarding the court’s ruling have sent shockwaves through the market, causing a 22% rise in BTC’s price within the last week. With growing speculations about the imminent approval of the Bitcoin Spot ETF, all eyes are fixed on the cryptocurrency market.
This nexus event has become a big deal for crypto investors who are dying to find out which side of the market the pendulum would swing.