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The Bitcoin Prize had its best closeness to the week in history
The Bitcoin prices were over 60,000 of the weekend, but there was a risk of burglary on Sunday to destroy the latest profits. The decline to $ 59,000 did not take long and BTC prices march up again on Monday morning during the Asian trade session. The candle closed at $ 60,856, which is above the previous weekly high from the beginning of April. Chart after TradingView at that time the BTC prices reached an all-time high of around $ 65,000 by mid-April. With current prices of around $ 62,000, Bitcoin is only 4% away from reaching a new record price high. Building the Bitcoin ETF moment Current ...
The Bitcoin Prize had its best closeness to the week in history
Bitcoin prices kept over 60,000 of the weekend, but there was a risk of burglary on Sunday to destroy the latest profits. The decline to $ 59,000 did not take long and the BTC prices march up again during the Asian trade session on Monday morning.
The candle closed at $ 60,856, which is above the previous weekly high from the beginning of April.
structure of the Bitcoin ETF moment
Current dynamics Probably driven that a stock market-traded Bitcoin futures fund will finally be approved by the US stock exchange supervisory authority.
October 18 is the day on which the ETF could start trade. On October 19, the Investco Bitcoin Strategy ETF could also be approved, which marks the second in just as many days.
The decision date for two other stock market -traded products from Vaneck and Valkyrie also moves to October 25, so that several of them could come onto the market at about the same time.
The step is a big deal in the crypto industry because it legitimizes the asset class, which is largely frowned upon by the financial supervisory authorities. The next step is to bring a physically secured Bitcoin ETP through the regulatory process, and Grayscale is already planning a "Nofollow noopener" Target = "_ Blank" in accordance href = "https://www.cnbc.com/2021/10/15/grayscale-investments-close-klose-to-filing-for-for-bit-etf-source-says-.html" Data-Wpel-Link = "External"> Reports .
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