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Launch of bullion-backed ETFs shot gold sky high. Could SEC approval do same for Bitcoin?

Launch of bullion-backed ETFs shot gold sky high. Could SEC approval do same for Bitcoin?
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bitcoin: Bitcoin vs. Gold vs. USD: The last 10 years

Over the past few years, Bitcoin has witnessed a surge in retail and institutional interest. The submission of Bitcoin spot ETF applications by major corporations such as BlackRock, Fidelity, and Grayscale signals a surge in momentum. Furthermore, the regulatory landscape, once characterized by ambiguity, is gradually evolving to accommodate and address the challenges posed by this innovative digital asset.

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