1
Fidelity Investment & Galaxy Digital have revised their ETF filing as the SEC comes close to deciding spot Bitcoin ETF.
2
Bitcoin’s price declined significantly in the past 24 hours, but trading volume has improved.
3
MicroStrategy, a leading Bitcoin holder, repurchased BTC worth over $615 Million.
As the Securities and Exchange Commission is heading towards the approval of the first Bitcoin spot ETF in the region, companies started competing by refiling their updated lower transaction fees.
In the last two weeks of December 2023, Fidelity and Galaxy Digital significantly changed their transaction fees for spot ETFs. The tug-of-war between the giants has stirred the market and built a positive environment, leading to a surge in the market.
Back-to-back ETF filing shows companies’ keen interest in the entry into crypto. As per analysts, a significant spike in the price of Bitcoin was seen when global leading company BlackRock a
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