Bitcoin Holds Steady at $27.6K; Why Are XRP, AVAX Prices Pumping?

“As of now, the SEC has fewer arguments to reject spot ETFs, so we expect the first approval of spot BTC ETFs will happen in Q4 or at the beginning of 2024,” Leinkha said. “In the case of stock index tranquility, BTC price will increase by the end of the year to the zone of $35,000-$40,000.”