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Bitcoin (BTC) ETF Approval Likely Priced Into the Miners

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Bitcoin (BTC) ETF Approval Likely Priced Into the Miners

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“It is unclear whether the announcement will spur further near-term upside in bitcoin and mining stocks, or if investors will sell the news,” analysts Reginald Smith and Charles Pearce wrote. “Our sense is mining stocks are due for a breather, but expect stock performance to track bitcoin prices over the coming weeks.”

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