Misleading. The SEC has never approved a single Bitcoin ETF yet. There is not a single Bitcoin ETF available in the whole US market until now.
Misleading news like this results in short term rising wave but it is unsustainable and after the short term growth, price will be pulled back.
Bitcoin media is oftentimes releasing news for the sake of marketing. But that's bad marketing. I don't know why they even publish news that are obviously just intended for FOMO and hype. Perhaps their sites themselves are created for the sake of causing hype.
Bitcoin ETF approval when it is officially confirmed, will be big news for Bitcoin market but we should recall what happened after the first two future exchanges for Bitcoin. CME and CBOE in 2017 was expected as big boosters for Bitcoin market and will help it to get value $100,000. In reality, Bitcoin stopped its bull market and has 3 years of bearish. Even now, 4years later, Bitcoin can not get value $100,000.
Don't let those misleading news to make you are greedy because even if we will have a real Bitcoin ETF, the market will go to a new bear market. Whales need winter season to prepare and pump Bitcoin again.