The Securities and Exchange Commission (SEC) may give BlackRock approval for its spot Bitcoin ETF due to the company’s reputable reputation. The Grayscale Bitcoin Trust (GBTC) has seen a rise in price, reaching its highest level since May 2022. The approval from the SEC could further boost the price in the short term. Other topics mentioned include VASP licenses in Hong Kong, Fidelity’s filing for a Bitcoin ETF, and Riot Platforms’ acquisition of Bitcoin miners.
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