Cantor Fitzgerald Is ‘Increasingly Confident’ a Bitcoin ETF Will Win Approval.

(Bloomberg) -- Recent revisions made by asset managers to applications to offer a US exchange-traded fund that invests directly in Bitcoin has Cantor Fitzgerald “increasingly confident” that the Securities and Exchange Commission will grant approval.

Unlike previous applications that were rejected, Josh Siegler and Will Carlson, research analysts at Cantor, said SEC officials are more likely to green-light the newly filed proposals. They cited the application by Wall-Street heavyweight BlackRock In

3 Stocks to Buy as Bitcoin Hits 18-Month High on Fresh Optimism.
The Bitcoin (BTC) rally, which had stalled two months back after making a solid turnaround earlier this year, once again rebounded on Oct 24. The cryptocurrency jumped nearly 6% to $34,872 to hit its highest level in almost one-and-a-half years on growing speculation that Blackrock’s spot bitcoin exchange-traded fund (ETF) will soon be a reality.
Tuesday’s rally followed a 10% surge in Bitcoin on Oct 23, when it crossed the $35,000 mark. The enthusiasm surrounding Bitcoin sent other related stocks and major cryptocurrencies like