Why is the price of #bitcoin : going up?
I explain them:
Some of the world's largest investment firms request to offer #BTC to their clients
BlackRock (+ $9 BILLION), requested the creation of a spot ETF on Bitcoin in #EEUU with an ETF's approval rate of 99.826%
Fidelity (+ $4 BILLION) could apply for its own BTC ETF or make an offer for the Grayscale ETF, competing with BlackRock
WisdomTree (+ $80 BILLION) has requested a BTC spot ETF, under the ticker "BTCW" on the Cboe BZX Exchange
Invesco (+ $1.4 BILLION) has rescued its application for another #bitcoin #ETF and seeks to be listed in Cboe BZX
The approval of any of these requests would mean a BRUTAL entry of liquidity for Bitcoin.
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