SAMSUNG CAMERA PICTURES
Crypto firm Matrixport has predicted that if the US Securities and Exchange Commission (SEC) approves Blackrock’s Bitcoin exchange-traded fund (ETF), the price of Bitcoin could surge to $56,000. Matrixport believes that the regulatory approval of a Bitcoin ETF by a major firm like Blackrock would attract institutional investors and potentially lead to a significant increase in Bitcoin’s value.
AI Sentiment: Positive
