Bitcoin: Bitcoin's 160% rebound in 2023 is a gamble on ETF 'demand shock'
Underpinning much of the bonanza is optimism that US regulators will soon give their first blessing for an exchange-traded fund that invests directly in Bitcoin. Investors will find out by Jan. 10 if that bet, which crypto bulls consider a near-certain winner, pans out.
Source: indiatimes.com