Bitcoin ETF Price Impact: Every Approval & Rejection Explained

When the Securities and Exchange Commission finally approved the first spot Bitcoin ETFs on January 10, 2024, Bitcoin jumped from roughly $46,000 to over $48,000 within hours—a 4.5% move that captu...

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Bitcoin ETF Price Impact: Every Approval & Rejection Explained

Source: BitCoinTalk

When the Securities and Exchange Commission finally approved the first spot Bitcoin ETFs on January 10, 2024, Bitcoin jumped from roughly $46,000 to over $48,000 within hours—a 4.5% move that captured headlines worldwide. But the relationship between ETF decisions and Bitcoin’s price is far more nuanced than a simple green light means gains, red light…