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BTC price bounces 5% as investor says Bitcoin ETF ‘99.9% done deal’

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<div>BTC price bounces 5% as investor says Bitcoin ETF '99.9% done deal'</div>
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BTC price bounces 5% as investor says Bitcoin ETF ‘99.9% done deal’

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Source: Coin Telegraph

New updates to BlackRock’s Bitcoin spot ETF filing come as BTC price strength narrowly retains $40,000 as support.

Bitcoin (BTC) returned above $43,000 into Dec. 19 amid fresh news over the United States’ would-be first spot price exchange-traded fund (ETF).

Data from Cointelegraph Markets Pro and TradingView showed a BTC price recovery taking the market to local highs of $43,456 after the daily close.

After starting the week on an uncertain footing, BTC/USD swiftly gathered strength, with the Dec. 18 candle closing over 5% above the day’s low.

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Author: William Suberg

Related posts:

  1. Bitcoin ETF applications: Who is filing and when the SEC may decide
  2. Bitcoin spot vs. futures ETFs: Key differences explained
  3. North America’s First Bitcoin ETF Now Holds Over 11,000 BTC
  4. Grayscale CEO pleads Bitcoin spot ETF as SEC backs third BTC Futures ETF
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