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The query surrounding the potential impact of a spot bitcoin exchange-traded fund (ETF) approval on the <a href="https://www.btcc.com/en-US/markets/Bitcoin" title="Bitcoin price">Bitcoin price</a> in 2024 begs for careful consideration. Could this regulatory green light be a catalyst for a significant price surge? Or would it merely signify a step towards broader institutional adoption, with less immediate market implications? Given the volatile nature of cryptocurrencies and the complex regulatory landscape, it's crucial to examine the potential ripple effects of such a move. Will investors flock to the ETF, boosting demand for the underlying asset? Or will skepticism and risk aversion prevail, dampening any potential upside? The question begs for a nuanced discussion, exploring the intersection of financial markets, regulation, and technology.
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