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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/significant-developments-in-bitcoin-etfs-lead-to-price-surge/" data-wpel-link="internal">Significant Developments in Bitcoin ETFs Lead to Price Surge</a><br></p>
<p style="text-align: justify">As the world’s attention turned to <strong><a href="https://en.coin-turk.com/bitcoin-btc-price-continues-to-fall-how-far-will-it-drop/" data-wpel-link="internal">Bitcoin</a> ETFs</strong>, a significant development occurred just moments ago with companies updating their S-1 forms in succession. Following this event, there was a noticeable increase in cryptocurrency prices led by Bitcoin, which rose to the $45,000 level.</p> 
<h2 style="text-align: justify" id="what-is-the-current-price-of-bitcoin">What is the Current Price of Bitcoin?</h2> 
<p style="text-align: justify">Following the recent update, Bitcoin’s price hosted an incredible rise, increasing by 1.8% to a level of $45,200 in the last hour, with the price still above $44,750.</p> 
<p style="text-align: justify">There was also a noticeable increase in the trading volume of the cryptocurrency, which rose by 63% to $27.5 billion. On the other hand, there was an incredible increase in market cap, surpassing the $880 billion level within minutes.</p> 
<p style="text-align: justify">On the other hand, major altcoins such as <strong>ETH, BNB, XRP</strong>, and <strong>SOL</strong> also saw increases. ETH rose by 1.62% to $2,259, BNB surpassed the $300 level and rose to $301. XRP found buyers at the $0.56 level while SOL returned to the $93 level.</p> 
<h2 style="text-align: justify" id="img-loading-lazy-loading-lazy-decoding-async-class-aligncenter-size-full-wp-image-299595-src-https-coin-turk-com-wp-content-uploads-2024-01-btcusdt-1-png-alt-width-1780-height-959"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-299595" src="https://coin-turk.com/wp-content/uploads/2024/01/btcusdt-1.png" alt="" width="1780" height="959"></h2> 
<h2 style="text-align: justify" id="updates-in-etf-forms">Updates in ETF Forms</h2> 
<p style="text-align: justify">While the entire world was focused on the decision to be made for the Spot Bitcoin exchange-traded fund (ETF), multiple institutions, as expected, raced to submit their final Form S-1 amendments to the United States Securities and Exchange Commission (SEC) on Monday, January 8.</p> 
<p style="text-align: justify">The major asset manager <strong>Valkyrie</strong> was the first company to submit its final S-1 amendment before the anticipated date of January 10 for the approval of the first spot Bitcoin ETFs in the United States.</p> 
<p style="text-align: justify">Following Valkyrie, major companies such as WisdomTree, BlackRock, VanEck, Invesco, Galaxy, Grayscale, ARK Invest, and 21Shares made updates in succession.</p> 
<p style="text-align: justify">With the new filings starting the week, it could potentially mark a historic week for Bitcoin. In this context, issuers are expected to complete their Form S-1 amendments today. The S-1 amendments contain information about market makers’ management fees or identities for potential ETFs.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/significant-developments-in-bitcoin-etfs-lead-to-price-surge/" data-wpel-link="internal">Significant Developments in Bitcoin ETFs Lead to Price Surge</a></h5>

Significant Developments in Bitcoin ETFs Lead to Price Surge

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