October 15, the news broke that an (BTCThe ETF could trade as soon as next week. This sent Bitcoin to $62,933; however, the rally has since slowed down.

Some market participants think that some traders may have bought the approval rumor for Bitcoin ETF products. Opinions on selling in the news. QCP Capital, a crypto trading company said that futures-based ETFs have been approved. Not likely to give a lasting boostBitcoin prices that are similar to the ones seen in the fourth trimestre of 2020.