BTCToday, the price of ) increased by $63,000 in a matter of minutes. This is its highest level since April 18. According to various documents, the United States Securities and Exchange Commission approved a BTC futures ETF. This may explain the sudden price rise. These documents suggest that the regulator is close to approving the ETF. Apply to list Valkyrie’s Bitcoin Strategy exchange-traded fund ETF for listing on Nasdaq. Analysts pointed out that gold’s price had risen sharply leading up to the launch of the first U.S.-based gold ETF in 2004. Thereafter, the rally continued and gold’s price rose more than 300% since the ETF was approved, before forming a major top. A Bitcoin ETF was launched because of the similarities between Bitcoin and gold, both being store of value.

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