Cryptocurrencies have become an important investment tool in our country in recent years. Cryptocurrencies, which cannot gain full trust due to the high risk rate, continue to develop and be accepted, especially under the leadership of Bitcoin. While some countries, such as China, ban it completely, some countries trust it enough to make it official currency.

Bitcoin also tends to some financial features to gain acceptance and flourish around the world. One of these trends, the Bitcoin ETF, allows people who want to invest to invest in funds of the same value as Bitcoin, minimizing risk. So far, several countries have approved Bitcoin ETFs, but the US has yet to approve any Bitcoin ETFs. The warm statements made by the USA on cryptocurrencies, and then the statement of the SEC President that they do not intend to ban cryptocurrencies, created a positive atmosphere in the crypto money market.

Reached the level of 60 thousand with expectations

Bitcoin ETFs are thought to increase institutional interest in crypto money markets and have been on the agenda of the crypto money industry for a while. Even though the Bitcoin ETF approval has been received from some countries, the approval expected to be given by the US SEC is of great importance for the markets. So much so that even the expectations of this increased the value of Bitcoin a lot.

Bitcoin, which has reached the level of 60 thousand in the last 24 hours, has reached the highest level recorded since April. Analysts say that the news that the SEC will allow the Bitcoin ETF was effective in reaching these levels. Bloomberg said in its report that this approval could be given next week.