Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Maple and Aave Team Up to Bring Institutional Assets to DeFi Lending Markets

21/10/2025

CZ raises $1.3M in donations for Giggle Academy

21/10/2025

Lumera Protocol Unveils Lumera Hub and Cascade, Promising “Pay Once, Store Forever”

21/10/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    ETH is trading with a constant Coinbase premium, as whales await accumulation zone

    20/10/2025

    Robert Kiyosaki on Ethereum: ‘Hot Hot Hot’

    20/10/2025

    Ether’s 7% Plunge Leads Crypto Liquidations in $600M Carnage

    20/10/2025

    How Likely Is a Sub-$4,000 Slide?

    20/10/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    OpenSea monthly revenue surges 200% in pivot to trading aggregator

    20/10/2025

    BAYC and CryptoPunks Lead NFT Market in Top Sales over Past 7 Days

    20/10/2025

    OpenSea Says SEA Is Coming Q1 2026

    20/10/2025

    NFT sales spike 6% to $161.7m, Pudgy Penguins sales jump 165%

    19/10/2025

    Maple and Aave Team Up to Bring Institutional Assets to DeFi Lending Markets

    21/10/2025

    CZ raises $1.3M in donations for Giggle Academy

    21/10/2025

    Lumera Protocol Unveils Lumera Hub and Cascade, Promising “Pay Once, Store Forever”

    21/10/2025

    Fed Speakers, U.S. PCE, Hedera Upgrade: Crypto Week Ahead

    21/10/2025
  • Blockchain

    Lumera Protocol Unveils Lumera Hub and Cascade, Promising “Pay Once, Store Forever”

    21/10/2025

    CDARI Partners with Krain AI to Build Decentralized Infrastructure for AI Economy

    21/10/2025

    Tether Champions Global Financial Freedom Infrastructure with Open Source Release of Its Wallet Development Kit (WDK)

    21/10/2025

    Running a blockchain foundation is actually really tough

    21/10/2025

    Ultiland Partners with TradeTalent to Redefine AI-Driven Creator Economy

    21/10/2025
  • DeFi

    Maple and Aave Team Up to Bring Institutional Assets to DeFi Lending Markets

    21/10/2025

    HumidiFi becomes Solana’s largest DEX with $1.1B volume

    20/10/2025

    THORWallet Launches True Cross-Chain Swaps with Sui Blockchain

    20/10/2025

    DeFi Earning Aggregator Turtle Raises $5.5 Million

    20/10/2025

    What Is World Liberty Financial? The Trump Family DeFi Project Explained

    19/10/2025
  • Metaverse

    Metaverse will revolutionize learning in the same way as Sesame Street

    10/10/2025

    Dogelon Mars Recent Metaverse Updates

    26/09/2025

    ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

    17/09/2025

    KaratDAO and SecondLive Partners to Reshape Web3 Identity and Immersive Digital Worlds

    16/09/2025

    Metaverse ‘still has a heartbeat’ as NFT sales jump 27% in August

    12/09/2025
  • Regulation

    CZ raises $1.3M in donations for Giggle Academy

    21/10/2025

    Fed Speakers, U.S. PCE, Hedera Upgrade: Crypto Week Ahead

    21/10/2025

    Crypto Inflows Near $2 Billion as Fed Rate Cut Sparks Renewed Demand

    21/10/2025

    Crypto Stocks Tumble in Pre-Market Trading as Bitcoin Dives to $112K

    21/10/2025

    the revolution of digital finance starts from Italy

    21/10/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    BTC & SOLANA JUMP UP, BNB CROSSES $1,000, HYPE HITS ATH

    21/10/2025

    Centralized crypto exchanges underreport liquidations: Hyperliquid CEO

    20/10/2025

    Singapore court approves WazirX restructuring plan after $234M hack

    20/10/2025

    Gate Introduces Gate Vault to Strengthen Self-Custody

    20/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Tough year for blockchain gaming, but there’s a ‘shimmer of hope’

    17/10/2025

    MARBLEX Joins Microsoft to Accelerate AI-Driven Web3 Gaming Advancement

    16/10/2025

    Axie Infinity Introduces New Community Bounties and Expands Axie Quest

    14/10/2025

    ‘Eve Frontier’ Jumps Ship from Ethereum to Sui—Here’s Why

    13/10/2025

    Debt-Fueled AI Pivot Puts Bitcoin Miners to the Test

    21/10/2025

    Argo’s creditor grabs 87.5% stake in struggling miner in bold takeover move

    21/10/2025

    Bitcoin Mining Profitability Declined More Than 7% in September: Jefferies

    21/10/2025

    Solo Bitcoin Miner Hits the Jackpot Wins $347,000 Block Reward

    21/10/2025

    How Japan’s Crypto Insider Trading Ban Could Reshape Global Policy

    21/10/2025

    Ghana central bank targets December to have crypto regulations in place

    20/10/2025

    Salesforce Faces Class Action Over Alleged Illegal AI Training Data

    20/10/2025

    QMMM Crashes After SEC Charges Over $100M Crypto Plan

    20/10/2025

    Maple and Aave Team Up to Bring Institutional Assets to DeFi Lending Markets

    21/10/2025

    CZ raises $1.3M in donations for Giggle Academy

    21/10/2025

    Lumera Protocol Unveils Lumera Hub and Cascade, Promising “Pay Once, Store Forever”

    21/10/2025

    Fed Speakers, U.S. PCE, Hedera Upgrade: Crypto Week Ahead

    21/10/2025
  • MarketCap
NBTC News
Home»Bitcoin»How Bitcoin ETF approval anticipations could boost Bitcoin forks?
Bitcoin

How Bitcoin ETF approval anticipations could boost Bitcoin forks?

NBTCBy NBTC16/11/2023No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


In the world of cryptocurrency, Bitcoin exchange-traded funds (ETFs) may offer institutional investors a key to the crypto kingdom. Bitcoin enthusiasts are waiting for a “spot” ETF, which would open the door for big financial players to invest in Bitcoin, marking mainstream acceptance and a potential influx of capital.

Understanding Bitcoin ETFs and the Impact of Institutional Investment

First, let’s talk about Bitcoin exchange-traded funds (ETFs) and why they matter to the crypto world. These ETFs allow big financial players or institutional investors to enter the cryptocurrency market.

There are some Bitcoin ETFs in the U.S., but they are not exactly what everyone’s waiting for. We are waiting for a special kind called a “spot” ETF. This type would give institutions an easy way to invest in Bitcoin. If it happens, it is a sign that big financial companies are finally accepting Bitcoin as a real investment. This would also bring a lot of money into the cryptocurrency market.

Now, when the news came out that BlackRock might have gotten approval for a Bitcoin ETF, the price of Bitcoin shot up. But here is the twist: 

BlackRock said it is not true. So, the price went back down. It tells us that people still believe a spot Bitcoin ETF could increase Bitcoin’s price. 

Market Sentiment and Confidence

When the rumor about the BlackRock ETF approval spread, it changed people’s feelings. Now, some people think that when the spot Bitcoin ETF gets the green light, there is more room for Bitcoin to grow. In other words, they think it could become more valuable.

But here’s the deal: when Bitcoin goes up, it often pulls other cryptocurrencies with it. So, if the ETF gets approved and Bitcoin rises, its forks might also go up. They would benefit from a stronger belief in the market.

Bitcoin Price Analysis and its Forks

Bitcoin is currently trading at around $34,008.38, showing extremely bullish tendencies. It has encountered resistance near $30,000 while finding support at $25,000. The Relative Strength Index (RSI) stands at approximately 86, indicating overbought conditions.

Moreover, candlestick patterns are consistently above the 50-day Exponential Moving Average (EMA). These factors suggest a possible consolidation within this range or a potential upward movement towards the $41,000 mark.

However, traders should remain cautious, as the overbought RSI could signal a price correction. You may read more about the future price action of Bitcoin in our BTC prediction!

However, if Bitcoin rises, its fork, BCH will also get the benefits:

Bitcoin Cash: A Bitcoin ETF approval could boost confidence in the overall cryptocurrency market and Bitcoin forks, too. With BCH’s innovative blockchain technology, it may gain favor among investors. The increased attention and investment inflow in the crypto market could lead to a rise in BCH’s price.

BCH prediction

Bitcoin Cash has also been trading above the 50 EMA, while the RSI is at 62, which is also an overbought condition. You can find more details regarding the BCH forecast for the coming years!

With the ETF approval, market integration could rise, leading to greater correlation, which could benefit BCH traders if they exploit these correlations in their investment strategies. Additionally, an increase in liquidity may even lead to less volatility.

Risks and Caution

While the anticipation of a Bitcoin ETF approval brings excitement, it is essential to trade cautiously. Cryptocurrency markets are known for their volatility, and sudden price swings can happen. Investor sentiment, often influenced by speculative news, can lead to overreaction.

Moreover, regulatory decisions, like the actual approval of the Bitcoin ETF, remain uncertain. This uncertainty poses a risk, as the market’s response may not align with expectations. So, investors should approach the situation with a conscience and stay informed about market developments.

Conclusion

Bitcoin ETFs signify a convergence of traditional finance and cryptocurrency, sparking enthusiasm. Yet, crypto markets remain volatile and prone to sudden swings.

Regulatory uncertainties linger. Bitcoin forks may benefit, but cautious navigation is key. The crypto journey promises excitement and challenges on the horizon.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Price Breaks All-Time High Record Again – Here’s What We Know

04/08/2025

Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

04/08/2025

Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

04/08/2025

High-Stakes Consolidation Could Define Q3 Trend

04/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Maple and Aave Team Up to Bring Institutional Assets to DeFi Lending Markets

21/10/2025

CZ raises $1.3M in donations for Giggle Academy

21/10/2025

Lumera Protocol Unveils Lumera Hub and Cascade, Promising “Pay Once, Store Forever”

21/10/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.