Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove False
Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI and CPI Data
Binary trading platforms with better performance and payouts
Bitcoin ETF
Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI and CPI Data
Fake news of SEC approval for a spot Bitcoin ETF sent markets higher. Why are traders so obsessed with this new product?
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler continued his combative stance against crypto “hucksters” in congressional testimony on Wednesday, declining to answer the industry’s most urgent questions while arguing that digital assets companies have been dangerously careless with customer assets.
SEC recently extended deadlines for ARK, GlobalX spot bitcoin ETFs.
Why all the excitement about spot bitcoin ETFs? Well, a gold ETF was a huge deal for markets, and people wonder if $BTC might be next.
Bitcoin ETFs are a flashbulb moment for Wall Street on the importance of global money. (Jack Carter/Unsplash, modified by CoinDesk)
Coinbase’s potential involvement in spot bitcoin ETFs could serve as part of the SEC’s reconfigured arguments for rejecting the applications, the report said.
The U.S. Court of Appeals, in rebuking the securities watchdog, shows that Gary Gensler won’t get the last word on crypto.
Arca’s Chief Investment Officer says there hasn’t been much to sink your teeth into as a digital asset investor this year.
Gorast Tasevski and Haan Palcu-Chang of Purpose Investments share thoughts about bitcoin ETFs – and Canada.