Bitwise: $BITA ETF Launch Set for Thursday

$BITA cleared regulatory hurdles Friday afternoon, setting up a Thursday launch as the direct successor to $IBIT, already the fastest-growing ETF in history by assets under management.

BTC price action shows a bullish structure with price at $66319.53 testing upper Bollinger resistance at $66133.64 while the 50-EMA holds firm at $64173.48 as primary support; MACD golden cross at 694.99 reinforces continuation, yet RSI at 69.61 suggests a measured pullback to the 50-EMA before the next leg higher.