@laoliu0
The resurgence of rumors about Bitcoin ETF approval can have a positive impact on the price of BTC. If an ETF is approved, it is likely to attract a large amount of institutional capital. Analyzing the potential inflow of institutional funds shows that it can drive up demand. Institutions' participation can also enhance market stability and confidence. Even just the anticipation of approval may lead to price increases as investors position themselves for the potential influx of capital. However, if the approval process is delayed or denied, it may cause disappointment and price drops.