The Securities and Exchange Commission (SEC) has made history by granting official approval for numerous spot Bitcoin ETFs, marking a pivotal moment for both the fund and cryptocurrency industries.
Bitcoin has experienced another turbulent week, reaching multiple six-month highs before suddenly dropping on Thursday, only to then bounce back again.
Bitcoin's value has been on a rollercoaster ride this week. After lingering below $22,000, the world's largest cryptocurrency by market capitalization surged past $25,000 for the first time since August, before quickly retreating below the threshold.