Bitcoin ETFs, such as the ProShares Bitcoin Strategy ETF (BITO) launched in October 2021, have a noticeable impact on Bitcoin prices. When BITO was approved, Bitcoin’s price surged from $57,000 to nearly $67,000, driven by increased institutional investment. These ETFs offer a more accessible route for traditional investors to gain Bitcoin exposure, fueling demand and price increases. For instance, after investing in BITO, investor Sarah saw significant portfolio gains as Bitcoin’s price rose...