Are whales front-running the approval of a Bitcoin futures ETF? By Cointelegraph
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A rise in price today could reflect increased speculation about the approval of an exchange-traded product in the coming weeks.
According to CoinGecko, BTC prices have risen 7% in the last 24 hours. They also jumped 32% during the week. BTC’s bullish price action may just be a sign of large-bag owners front-running in anticipation of a U.S. Securities and Exchange Commission approved futures ETF.
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