The surge in question was greatly influenced by the Bitcoin Spot ETF. The demand for Bitcoin ETFs remains strong in the market, and this trend is expected to continue if the Ethereum ETF approval is ultimately denied. According to a cryptocurrency analyst, Blackrock IBIT has emerged as the top choice among investors, with 414 individuals reporting ownership of the fund during the initial 13F reporting season. This number surpasses the ownership figures of previous Bitcoin ETFs like Bitwise’s BITB and Fidelity’s FBTC. Stay up-to-date with the latest financial and business news by visiting COINTURK FINANCE.