Bitcoin Could Rise to Between $42K and $56K if BlackRock ETF Is Approved: Matrixport

<p>Bitcoin (BTC) will rise to as high as $56,000 if a BlackRock spot bitcoin exchange-traded fund (ETF) is approved, crypto services provider Matrixport said in a report Thursday. At the low end, $42,000 is a &#8220;conservative estimate&#8221; based on the assumption that 10%-20% of gold ETF investors will take a stake in a spot bitcoin [&#8230;]</p>
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