🚀 Bitcoin soars to 17-month high as institutional investors show renewed interest!
- Bitcoin price rallied to $35,000 amid optimism for a spot exchange-traded fund (ETF) approval
- BlackRock ETF ticker appeared on the Depository Trust & Clearing Corp. (DTCC) website, fueling the rally
- Retail investor interest declines, while open interest on the Chicago Mercantile Exchange (CME) tops 100,000 BTC ($3.4 billion) for the first time
- CME captures 80% market share for traditional expiry futures and 25% overall, approaching Binance's perpetual market share
- Hong Kong CSOP Bitcoin Futures ETF sees record trading volume and capital inflows
What do you think about institutional investors' growing interest in Bitcoin? Share your thoughts in the comments! 📈💬