What a difference three weeks can make in crypto. Since their Jan. 22 post-launch price low, the largest spot bitcoin ETFs—the iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC)—have jumped nearly 30% as bitcoin’s price soared past $50,000 in Monday trading, a level untouched in more than two years. The proxy exchange-traded fund for crypto equities, the Bitwise Crypto Industry Innovators ETF (BITQ), is up 35% and the Valkyrie Bitcoin Miners ETF (WGMI) has rocketed 50% in the same period. Renewed optimism and forward momentum for spot bitcoin ETFs began accelerating last week as BTC’s price ... (full story)