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International Business Times

Business

Nica Osorio

Bitcoin Surpasses $45K As Issuers Submit Final S-1 For Spot Bitcoin ETF

Bitcoin ETF SEC Crypto CoinMarketCap

Bitcoin reclaimed the $45,000 price point on Monday after hopeful spot Bitcoin exchange-traded fund (ETF) issuers submitted their final S-1 forms to the U.S. Securities and Exchange Commission (SEC), indicating that approval for the eagerly awaited crypto investment vehicle could be well underway.

At around 1:15 p.m. ET on Monday, Bitcoin broke through the $45,000 price level and traded at $45,161.14, representing a nearly 3% gain for the day, based on data from CoinMarketCap.

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