Amid renewed concerns over US regulators' acceptance of physical Bitcoin ETFs (exchange-traded funds) later this year, Bitcoin hovered above $61K on first approval in the United States.
The hype of ETF is going around for a while and even during the last rally in 2018 this topic of ETF getting accepted was a hot topic and even now 3 years after that we are talking about this as if the regulators will be accepting ETF, i am not sure we will see that happen just yet and we can talk about this topic during the next halving and rally rather than having high hopes now.