Blackrock Bitcoin ETF Hopes Pumps Bitcoin (BTC) Prices, BTC Bears Lose Hundreds of Millions

“Bitcoin has also been encouraged by possible ETF approval and an increasing number of ETF submissions by leading companies,” shared Lucy Hu, senior trader at Metalpha, in a message last week. “(With the) Bitcoin ETF approval and halving event in April, the crypto market could kickstart a very robust bull market,” Hu added.