Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
US ETF
SEC Delays Bitcoin ETF Approvals Once Again
The Securities and Exchange Commission still shows no urgency to approve a Bitcoin ETF. They have extended their review of four proposed crypto funds by well over a month, citing the need for further review. Hesitancy on a Bitcoin ETF According to a filing from the SEC this week, the affected funds include the following. The Global X Bitcoin Trust, The Kryptoin Bitcoin ETF The Wisdomtree Bitcoin Trust The Valkyrie XBTO Bitcoin Futures Fund. Global X approval has been delayed…
4 years ago