@thunde

Rumors of a Bitcoin ETF approval have resurfaced, and they are likely to have a significant impact on BTC's price. Historically, when Bitcoin ETF approval rumors circulate, BTC's price tends to experience upward pressure. If an ETF is approved, it would provide institutional investors with an easier and more regulated way to invest in Bitcoin. This could lead to a substantial influx of institutional capital. Analysts estimate that in the first year of an ETF's existence, it could attract up to $10 billion in inflows. The anticipation of such a large amount of new capital has already started to drive up BTC's price. In the past week, with the resurgence of ETF rumors, BTC has increased by 5%. If the approval becomes a reality, the price could see a more significant and sustained increase, potentially reaching new all - time highs.

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