đ Bitcoin soars to 17-month high as institutional investors show renewed interest!
- Bitcoin price rallied to $35,000 amid optimism for a spot exchange-traded fund (ETF) approval
- BlackRock ETF ticker appeared on the Depository Trust & Clearing Corp. (DTCC) website, fueling the rally
- Retail investor interest declines, while open interest on the Chicago Mercantile Exchange (CME) tops 100,000 BTC ($3.4 billion) for the first time
- CME captures 80% market share for traditional expiry futures and 25% overall, approaching Binance's perpetual market share
- Hong Kong CSOP Bitcoin Futures ETF sees record trading volume and capital inflows
What do you think about institutional investors' growing interest in Bitcoin? Share your thoughts in the comments! đđŹ