Bitcoin fell below $8,000 right after SEC shot down the initiative. The U.S. Securities and Exchange Commission (SEC) opted to reject the second Bitcoin Exchange-Traded Fund (ETF) proposed by Tyler and Cameron Winklevoss.
Bitcoin has enjoyed some interesting gains over roughly the last month. Even after experiencing a temporary down today, and falling to an intra-day low of slightly more than $7,900, the digital currency was up more than 35% from its recent low of $5,785.43 hit last month.
Couple days ago, Mati Greenspan had said: “The ETF market is huge.” “It could potentially open the market to a world of new well-funded buyers.” Not only him, but several market observers had pointed out that anticipation surrounding the Winklevoss’ proposed ETF was having a significant influence on Bitcoin’s recent gains.
There is another bitcoin ETF application that is still active: the VanEck SolidX Bitcoin Trust. The SEC had no comment about that application. According to Dodd Frank rules, the agency needs to take action within 45 days of the publication of that proposal, that is to say August 16.
< 1 min
Table of contents
MOST TRADED ASSETS
- Binary Options
- Digital Options
- Forex
- Stocks
- Indices
- Commodities
- ETFs
-
EUR/USD
1.05
Trade+0.02% -
USD/JPY
154.42
Trade+0.17% -
AUD/USD
0.65
Trade-0.48% -
GBP/JPY
194.14
Trade+0.06% -
GBP/USD
1.26
Trade-0.11%
-
Shopify Inc.
106.97
Trade-0.13% -
Tesla, Inc.
352.42
Trade+3.6% -
NVIDIA Corporation
141.89
Trade-2.91% -
Amazon.com, Inc.
197.1
Trade-0.68% -
Coinbase Global, Inc.
304.49
Trade+3.7%
-
Gold
2684.19
Trade-1.26% -
Crude Oil WTI
70.91
Trade-0.51% -
Crude Oil Brent
74.49
Trade-0.45% -
Silver
30.82
Trade-1.78% -
Natural Gas
3.43
Trade-1.99%
-
US 100
20890.28
Trade+0.13% -
GER 30
19354.05
Trade-0.18% -
US 30
44631.5
Trade+0.2% -
US 500
6004.86
Trade+0.11% -
JP 225
38730.5
Trade-0.15%
-
Valkyrie Bitcoin Fund (BRRR)
28.1
Trade+1.68% -
20+ Year Treasury Bond ETF
90.39
Trade-0.11% -
Bitwise Bitcoin ETF (BITB)
54.06
Trade+1.68% -
S&P 500 ETF
595.51
Trade+0.34% -
Daily Junior Gold Miners Index
45.06
Trade-0.85%
Your capital might be at risk
Related posts
2 stars of the crypto market: Bitcoin vs. Ethereum
Day Trading Cryptocurrencies on IQ Option
Cryptocurrency News: Where Are We Headed?
Crypto Trading: Still Hot or Not?
Trading CFDs on Crypto with IQ Option
Bitcoin Technical Analysis: July 2020. Bulls or Bears?
Bitcoin Technical Analysis for July 2019
India Taking Back Control of Their Data Against Digital Gangsters?
What should you learn next? Turn the wheel to find out!
