Bitcoin price seems to be recuperating from the losses witnessed last week. While institutional investors’ ETF applications are helping bolster the adoption curve and hasten the process, several on-chain metrics combined with the developments surrounding regulating BTC mining in China and Iran has put a nail in the recovery’s coffin.
The United States Securities &and Exchange Commission (SEC) is reviewing Bitcoin Exchange Traded Funds (ETF) applications filed by Fidelity and Skybridge Capital. While new applications for ETFs are stacking, Vaneck’s filings are still pending review until June.
The United States Securities &and Exchange Commission (SEC) is reviewing Bitcoin Exchange Traded Funds (ETF) applications filed by Fidelity and Skybridge Capital. While new applications for ETFs are stacking, Vaneck’s filings are still pending review until June.