For the first time in its history, BTC surged past $71,000 during Asian trading hours this Monday morning, continuing its momentum since the approval of Bitcoin Spot ETFs in the United States.
After crossing the $70,000 mark last week for the first time, Bitcoin continues its ascent and finally seems to be taking the time to sustain above its previous all-time high.
A Boost from London?
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The news that the London Stock Exchange will accept applications for exchange-traded notes (ETN) in Bitcoin and Ethereum may have contributed to this surge.
Indeed, according to a statement shared by Bloomberg, the LSE (London Stock Exchange) is accepting ETN applications for Bitcoin and Ethereum in the second quarter.
The exact launch date is yet to be confirmed.
