<p><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-10/2594d800-36bc-4c27-95dc-5bd5f7de9bb9.jpg"></p><p>The price of Bitcoin (BTC) quickly surged to $34,000 amid recent developments in the Bitcoin ETF space.</p>