Rumors of Bitcoin ETF approval are resurfacing, potentially impacting BTC price significantly. Historically, such rumors spark short-term price surges due to market speculation, as seen in late 2023 when BTC jumped on fake ETF news. Approval could drive institutional inflows, with estimates like Standard Chartered’s $50-100 billion prediction proving plausible, given $275 million recently flowed into U.S. BTC ETFs, ending an outflow streak. This signals renewed institutional interest, potentially stabilizing or boosting BTC near $85K. However, volatility remains a risk as hedge funds adjust arbitrage strategies, per BlackRock insights.