Bitcoin could also be a comparatively new know-how. It may nonetheless observe some fairly outdated market maxims.
Again in October postings on X, previously referred to as Twitter, advised that the U.S. Securities and Change Fee had lastly authorized the itemizing of a BlackRock exchange-traded fund that may straight observe the worth of bitcoin. It was shortly clear that this wasn’t correct. The SEC has delayed decisions on so-called spot ETFs, with some key deadlines now in 2024.
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