Blackrock and other investment firms are awaiting SEC approval for a Bitcoin ETF.

The approval could lead to billions in investments and potentially boost Bitcoin and Ethereum prices.

In 2023, digital asset investment products rebounded with $2.25 billion in inflows, largely in the final quarter.

The US had the highest inflows, but only accounted for 2% of total assets under management due to investor preference for a spot-based ETF.

The SEC's decision on spot Bitcoin ETFs is highly anticipated and could significantly impact the cryptocurrency market.

Bitcoin's price analysis indicates an ascending triangle pattern, with a break above $44,700 signaling the start of an uptrend.

Investors are advised to conduct thorough market research before investing in cryptocurrencies.