The price of Bitcoin crossed the $31,000 mark for the first time since July. Bitcoin is up more than 4% over the last 24 hours and nearly 11% over the last week amid multiple developments that appear to be boosting the broader cryptocurrency market. The momentum in Bitcoin appears to be partially driven by continued optimism surrounding a potential spot ETF. BlackRock and Fidelity introduced changes to their spot Bitcoin ETF submissions last week and Grayscale recently submitted an S-3 filing with the SEC indicating that it intends to list shares of the Grayscale Bitcoin Trust on the NYSE Arca as part of the company’s ongoing push to transition the trust into a spot Bitcoin ETF. . . #fidelity #blackrock #bitcoin