News Formal

Bitcoin touches 13-month high; crypto-linked stocks rise By Investing.com

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

⚠️BREAKING: *BITCOIN TOUCHES 13-MONTH HIGH; CRYPTO-LINKED STOCKS RISE BTC $COIN $RIOT $MARA

), and Fidelity have filed applications to U.S. regulators to sell the ETFs, which would be backed by actual Bitcoin.

According to news reports, BlackRock's application has been seen by investors as a sign that the U.S. Securities and Exchange Commission may be on the verge of dropping its opposition to these types of products. The SEC has previously rejected similar instruments due to concerns over volatility and possible fraud or manipulation. Currently, the only cryptocurrency-linked ETFs that U.S. regulators have approved are tied to Bitcoin futures contracts, which are listed and monitored by the Chicago Mercantile Exchange.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin, Ethereum Technical Analysis: BTC Consolidates Lower Ahead of FOMC Meeting Minutes – Market Updates Bitcoin NewsBitcoin dropped below $31,000 on Wednesday, as markets consolidated ahead of the upcoming Federal Open Market Committee (FOMC) minutes.
Source: BTCTN - 🏆 531. / 51 Read more »