Market Surge

Bitcoin ETFs Get Approved: Major Surge in Cryptocurrencies

Major cryptocurrencies witnessed a strong surge following the approval of Bitcoin ETFs by U.S. regulators. With Bitcoin soaring past $47,500, other altcoins also benefited from the bullish sentiment. This marks a significant milestone as companies like BlackRock and Fidelity apply to establish these spot-based ETFs, finally overcoming previous setbacks from the SEC.

Published at 2025-05-06 20:03:47