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Bitcoin jumps to 21-month high with ETF approval seen imminent

Bitcoin jumps to 21-month high with ETF approval seen imminent
What happens when these ETFs finally get approved?
$Bitcoin(BTC.CC)$ rose above US$47,000 for the first time since April 2022 with United States regulators seen as being poised to approve exchange-traded funds (ETFs) that invests directly in the digital asset for the first time.
$Blackrock(BLK.US)$ , $ARK Innovation ETF(ARKK.US)$ Ark and several other prospective issuers of ETFs filed amended forms earlier on Monday (Jan 8) in what is seen by analysts as a final push to offer the investment products more than a decade after the first application was filed.
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