Tag: bitcoin etf
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Bitcoin’s Price Recovery After The ETF Rejection Reportedly Shows Important Positive Change In The Crypto Market
Thomas Lee expresses his enthusiasm after the rapid recovery of the Bitcoin price following its drop from the past week. The SEC rejected Winklesvoss proposal of a Bitcoin ETF A few days ago, on July 27, just after Winklevoss’ Bitcoin ETF proposal was rejected by the SEC, BTC’s price fell from $8,300 to $7,800 which…
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VanEck Addresses SEC’s Bitcoin ETF Concerns Regarding Valuation, Liquidity, Custody, Arbitrage Trading, And Risks
Money management company VanEck has responded to the SEC’s concerns over Bitcoin exchange-traded funds aka Bitcoin ETF in a letter to the regulator made public on the agency’s website. The letter is addressed to Dalia Blass, the director of the SEC’s division of investment management and it discusses some concerns that the SEC has regarding…
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Bitcoin Breaks The $8,000 Barrier – The Bull Run Is Unstoppable
The Bitcoin rally continues, and its price went above the $8,000 level for the very first time since mid-May. Bloomberg reported that Bitcoin went up “as much as 4.1 percent to as high as $8,016.62 at 1:49 p.m. in Hong Kong.” Bitcoin bulls seem to get more and more excited over the thought of the…