This regulatory approval follows closely on the heels of an incident where a hacker briefly took control of the SEC's X account and posted a misleading tweet suggesting the approval of bitcoin ETFs.
BlackRock, VanEck, Ark Investments/21Shares and Bitwise, among others, said in filings with the Securities and Exchange Commission (SEC) that they expect to significantly undercut the average market rate for U.S. ETFs as the battle for market share heats up ahead of an SEC approval deadline on Wednesday.
Many speculate that an Exchange-Traded Fund for cryptocurrency could be a revolutionary financial product, particularly with the recent spotlight on the Bitcoin Spot ETF.
Cryptocurrency News: Bitcoin has surged to its highest price since May 2021, reaching over $35,000, as expectations of demand from exchange-traded funds (ETFs) grow. The p
CoinGlass reported that $72 million worth of short positions were liquidated on the spike higher from the false SEC approval news US Government holds around