![Bitcoin [BTC] Bullish Bets Costlier Than Ever as Funding Rates Hit Record 66%](https://digitallifegaming.com/wp-content/uploads/2023/12/4YM5LQG7PJHZPMFDVFI4ZIJDZY-768x402.jpg "Bitcoin [BTC] Bullish Bets Costlier Than Ever as Funding Rates Hit Record 66%")
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[gpt3] a new article in English that is SEO-optimized and incorporates as many relevant keywords as possible. The article should be based on the information provided in the existing post content. Additionally, please include a dedicated FAQ section and a conclusion section to enhance the reader’s experience
As of writing, bitcoin shows no signs of bullish exhaustion, with prices trading above $45,000. The cryptocurrency rallied over 56% in the final quarter of 2023 as speculation gripped the market that the U.S. Securities and Exchange Commission would approve one or more spot-based BTC exchange-traded funds (ETF). Per Reuters, the decision may come as soon as Tuesday.
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