Bitcoin Surges to $29,000 Driven by Institutional Support

Bitcoin Surges to $29,000 Driven by Institutional Support

Despite facing regulatory pressure and scrutiny, Bitcoin remains unfazed, continuing its upward trajectory and surpassing the $29,000 level. This impressive perfocan be attributed to the increasing interest from exchange-traded fund (ETF) institutions. Notably, four prominent ETF institutions, including iShares, Bitwise, WisdomTree, and Invesco, have recently filed applications for a Bitcoin ETFrmance showcases the resilience and…