How Could Bitcoin's Price React if a Spot Bitcoin ETF Is Approved?
CoinDesk CoinDesk
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 Published On Oct 19, 2023

Bitcoin (BTC) is hovering around $28,500 after a false report about a spot ETF approval briefly sent the price of the largest cryptocurrency by market cap to $30,000. MV Capital CIO and partner Tom Dunleavy discusses the potential market impact of a spot bitcoin ETF approval, noting "the only bright spot that everyone's hoping for is that bitcoin ETF."

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