A very good thread to talk about today is that US regulators have fired two ETF applications after years of failed applications. This ETF will have CME Bitcoin futures as the underlying asset with an inflow of investors switching from Gold ETFs to BTC. this can affect the price of bitcoin going forward because the presence of a Bitcoin ETF can increase the demand for Bitcoin. The main reason behind the rising price of Bitcoin is that the ETF will attract many institutional investors into the cryptocurrency with the concept of no worries regarding the security or storage of the Bitcoin.