### The Cointelegraph Research Investor Insights Report for July 2023 highlights key developments across the cryptocurrency industry last month. BlackRock filing for a Bitcoin ETF approval drove BTC's price rally to $31,000. 

The report mentions several key highlights for Bitcoin in June 2023:

BlackRock, the world's largest asset manager, filed for a spot Bitcoin ETF. This move sparked a series of similar applications from other financial institutions like Fidelity, Invesco, Wisdom Tree, and Valkyrie.

The actions of these major financial institutions caused a positive shift in the market sentiment for Bitcoin, and it also indicates a promising future of institutional interest in the asset.

Furthermore, the report indicates that Bitcoin has been outperforming altcoins in the first half of the year, suggesting that long-term investors are accumulating Bitcoin in anticipation of another bull run.

Lastly, the report indicates that the price of Bitcoin rallied to $31,000 following the ETF filings.

The most significant takeaway from the report is the increasing institutional interest in Bitcoin, as evidenced by BlackRock, the world's largest asset manager, filing for a spot Bitcoin ETF. This move not only led to a flurry of similar applications by other major financial institutions like Fidelity, Invesco, Wisdom Tree, and Valkyrie, but it also triggered a rally in Bitcoin's price to $31,000. This suggests a growing acceptance and legitimization of Bitcoin in the traditional financial world, which could have important implications for the future of the cryptocurrency industry.

Read the report [here](https://research-backend.cointelegraph.com/uploads/attachments/cljrahedm1dk6caqneirxbdjp-etf-filings-revitalize-the-industry-in-june-2.pdf).

The Cointelegraph Research Investor Insights Report for July 2023 highlights key developments across the cryptocurrency industry last month. BlackRock filing for a Bitcoin ETF approval drove BTC's price rally to $31,000. 

Fri Jul 07 2023 CoinTelegraph: ETF Filings Revitalized the Crypto Industry

Fri Jul 07 2023

CoinTelegraph: ETF Filings Revitalized the Crypto Industry