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bitcoin
Bitcoin (BTC) $ 102,874.56
ethereum
Ethereum (ETH) $ 3,229.62
tether
Tether (USDT) $ 0.99965
bnb
BNB (BNB) $ 691.57
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 3.15
binance-usd
BUSD (BUSD) $ 0.990039
dogecoin
Dogecoin (DOGE) $ 0.354726
cardano
Cardano (ADA) $ 0.974631
solana
Solana (SOL) $ 249.50
matic-network
Polygon (MATIC) $ 0.436704
polkadot
Polkadot (DOT) $ 6.36
tron
TRON (TRX) $ 0.250918
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    The US SEC Might Approve A number of Bitcoin Spot ETFS to Set off the Subsequent Rally

    Latest News

    In accordance with a report by the encryption service supplier Matrixport, the US Securities and Trade Fee (SEC) is more likely to approve a number of Bitcoin spot ETFs in succession, which is able to set off the subsequent rise of Bitcoin.

    The SEC will reply to Grayscale’s GBTC submitting and ARK 21Shares’ Bitcoin ETF resubmission.

    Regulators are anticipated to answer seven different Bitcoin ETF purposes in the course of the first week of September.

    “Bodily Bitcoin ETFs may cost a administration charge of 0.7-1%, which may nonetheless generate $200 million per yr for ETF suppliers who pay for advertising up entrance,” the report mentioned.

    If the SEC wants extra time to evaluate the utility of monitoring the sharing settlement, then the Bitcoin value could begin to right in mid-September, which is to purchase the dip.

    DISCLAIMER: The data offered by WebsCrypto doesn’t symbolize any funding suggestion. The articles printed on this web site solely symbolize private opinions and don’t have anything to do with the official place of WebsCrypto.

    See also  Purchase Bitcoin with PayPal in 2024: The Final Information

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