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Bitcoin Surges Past $37,000, BlackRock Confident in SEC Approval for Spot ETF by January 2024
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BlackRock Confident U.S. SEC Will Approve Spot Bitcoin ETF by January 2024
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Bitcoin has surged past $37,000, reaching its highest level in 18 months, driven by optimism surrounding the approval of Bitcoin ETFs by the SEC. BlackRock, the world's largest asset manager, is increasingly confident that the SEC will approve its spot Bitcoin ETF by January 2024. This surge has sparked speculation about the SEC's decision timeline and how financial advisors will react to the potential approval of Bitcoin ETFs.