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Bitcoin ETF Approval Could Explode BTC to $50,000!Beginning on Nov. 9, the SEC reportedly has a �window� to approve all 12 spot Bitcoin ETF filings, including Grayscale Investments. The growing confidence in the market that a bitcoin ETF will eventually be approved appears to have boosted the price of bitcoin. In this. BTC gained % in November, closing at $37, Footnotes. Coindesk. (November 10, ). Bitcoin ETF Excitement Drives Wall Street Giant CME.