The potential approval of a spot Bitcoin (BTC) exchange-traded funds (ETFs) is expected to boost the price of Bitcoin, but some analysts are concerned that it may not be sufficient to completely revive market sentiment.
On October 24, Bitcoin experienced its most significant single-day rally in over a year, with a surge of more than 14%. This rally was triggered by the news that BlackRock’s spot Bitcoin ETFs, known as IBTC, had been listed on the Depository Trust & Clearing Corporation…
