"Bitcoin Surges on U.S. ETF Approval, Volume Soars"

1 min read
Source: Bloomberg
"Bitcoin Surges on U.S. ETF Approval, Volume Soars"
Photo: Bloomberg
TL;DR

Bitcoin surged past $49,000 as trading commenced on the first US exchange-traded funds investing directly in the cryptocurrency, following the approval of spot Bitcoin ETFs by the US Securities and Exchange Commission. Over $1.4 billion was traded in early trading, marking a historic moment for Bitcoin.

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