Bitcoin: What you should watch out for after BTC’s ATH
- Bitcoin recorded a new all-time high (ATH) weeks before the halving.
- Exec attributed the growth to Bitcoin ETFs.
The wait is finally over! Bitcoin [BTC] has shattered records by soaring to a new ATH of over $72,000. This breakthrough comes alongside pivotal regulatory advancements. The UK Financial Conduct Authority (FCA) has expressed its willingness to welcome crypto-backed exchange-traded notes (ETNs) aimed at institutional investors.
Moreover, the London Stock Exchange announced it will begin accepting applications for Bitcoin and Ethereum [ETH] ETNs in the second quarter of this year.