"Bitcoin Surges Past $48K After ETF Approvals and Halving Anticipation"
TL;DR Summary
Bitcoin has surged past $47,000 for the first time since the approval of 11 spot ETFs by the US Securities Exchange Commission last month. The rally is being driven by increased investor interest following the ETF approvals, with Bitcoin approaching the $50,000 mark. Flows in spot Bitcoin ETFs have also seen significant movement, with the Grayscale Bitcoin Trust losing over $6 billion in flows while competitors like iBIT and Fidelity have gained substantial inflows.
- Bitcoin climbs above $47K for first time since spot ETF approvals Yahoo Finance
- Bitcoin tops $48,000 in a big comeback to end the week CNBC
- Bitcoin Hovers Near One-Month High on ETF Inflows, Looming Halving Bloomberg
- Bitcoin Price Spikes Above $47000 For First Time Since Bitcoin ETF Launch, Crypto Prices Rally Investor's Business Daily
- Bitcoin Rises as Crypto Bulls Look for Weekly Close Above Key Level Barron's
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