Institutional buying interest in GBTC accompanies hopes that BlackRock will secure the first U.S. Bitcoin spot ETF.

Grayscale Bitcoin Trust nears 2023 highs on BlackRock ETF filing as buyers step up](https://cointelegraph.com/news/grayscale-bitcoin-trust-2023-high-blackrock-etf-filing-buyers))
Institutional buying interest in GBTC accompanies hopes that BlackRock will secure the first U.S. Bitcoin spot ETF.