Bitcoin price rises as signs mount that an ETF approval is looming

<p>All signs continue to point to an imminent approval of a bitcoin ETF.</p><p>The latest is that Fidelity's trading app shows tickers for the prospective spot ETFs, though they're not yet available to trade. </p><p>Other reports are highlighting a Cboe filing that says it's approved the application for Ark's ETF, though I think that one's not a tell.</p><p>Whatever straw-grasping is going on here I expect will be immaterial within hours. Every credible report says an ETF will be approved today, sometime after the close and before 8 pm ET.</p>

This article was written by Adam Button at www.forexlive.com.