Bitcoin is indeed experiencing a surge in price

currently hovering near its all-time high set in November

Here's a quick summary of what's driving this rise:

Increased demand for spot Bitcoin ETFs

These exchange-traded funds allow investors to

gain exposure to Bitcoin without directly

currently hovering near its all-time high set in November

The approval and subsequent investment i

these funds by major institutions like BlackRock and

and these factors may not guarantee a sustained price