Bitcoin price hit $38,000 despite US financial regulator’s decision to delay two BTC ETF decisions

binance coin price hit $38,000 despite US financial regulator’s decision to delay two BTC ETF decisions

CRYPTOS binance price hit $38,000 for the first time since May 2022, amid anticipation for approval of spot BTC ETF.

US Securities and Exchange Commission extended the deadline for Hashdex and Grayscale’s spot Bitcoin ETF application.

BTC yielded 5% gains for holders over the past week, and analysts expect a green light for spot ETFs in January 2024.