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BTC price rebounds at $66K as BlackRock includes US banks in Bitcoin ETF

Apr 6, 2024

Bitcoin is showing strength as it approaches the $69,000 level, with BlackRock ETF "Authorized Participants" now including U.S. banks such as Goldman Sachs.

Despite signals of inflation in the United States on April 5, Bitcoin continues to show resilience amid growing interest from institutional investors.

Recent data indicates that Bitcoin's price has surged to $68,630 following the opening of Wall Street trading, and it is currently hovering around $68,000.

The price increase appears to be influenced by the news that BlackRock, the world's largest asset manager, has included major U.S. banks like Goldman Sachs, Citadel, UBS, and Citigroup as participants in its Bitcoin spot ETF.

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