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International Business Times
International Business Times
Business
Nica Osorio

Bitcoin Soars To $44K As BlackRock Irons Out Spot BTC ETF Prospectus

BlackRock Bitcoin ETF Crypto Eric Balchunas SEC

Bitcoin climbed to a new high Tuesday due to the growing excitement over the potential introduction of a Bitcoin ETF. This momentum was fueled by the amended prospectus filed by BlackRock to the Securities and Exchange Commission, and the discovery that the asset management firm had already seeded its ETF.

Bitcoin traded at $44408.67 around 6:00 p.m. ET on Tuesday, recording a nearly 2% gain in a span of a few hours from its previous price of $43546.45.

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