Bitcoin’s price has hit $45,000 as the deadline for spot Bitcoin ETF hopefuls to file amended S-1 forms passes.
Per data from CoinGecko, Bitcoin is trading up 1.7% on the day at just over $45,100.
The price surge means that Bitcoin has erased losses sustained in last week’s flash crash, as the crypto world waits with bated breath for the outcome of the U.S. Securities and Exchange Commission’s (SEC) decision on whether or not to approve several applications for a spot Bitcoin ETF.
After exchanges planning to list the proposed ETFs filed their 19b-4 forms on Friday, crypto firms had until 8am ET Monday to file last-minute amendments to their S-1 applications.
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Author: Stephen Graves
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