Price has been on the uptrend and we can assume that it has been due to the recent and working ETF craze, back when this happened a few years back this was not prominent because the idea did not go into realization.
I did not have a good knowledge of previous ETF proposals, but your comment made me search for them, and there have been many proposals since now, and the first one was in 2013. You are right, this time the idea came to realization and got into the hype, which will attract the investors when they got approved, but till then they were manipulating news channels and saying things in favor of BTC to manipulate its price artificially. Like they did, the fake news on Cointelegraph, the fake listing, and then the delisting of BTC Ticker on the DTCC website These are all tricks.
But I am glad they are considering ETFs now and have not rejected it abruptly. I think that's because back then there was not so much exposure of BTC to investors and there was less hype of BTC too, but now the exposure to investors has increased, so maybe that's because they are considering it now. And back then, there were fewer tools, fewer exchanges, fewer trusted sites, etc. But now they have tools and sites too, but yeah, new threats are also there.
This is a pointer that we might have multiple ETF approvals soon. Even though many people will see this from the angle of market manipulation, I don't see it that way and I feel this is not mere coincidence... there should be something going on behind the scene.
Something is always cooking behind the scenes. For now, we should really focus on accumulating BTC as much as we can, but for what? The purpose should be in mind too. Some people are new in the crypto field, and they become so enthusiastic about BTC that they start to accumulate it abruptly without having a plan, but those money makers (whales and big investors) book a profit occasionally and take entry again.