Crypto Weekly Roundup: BTC Crosses $30K And More

Crypto Weekly Roundup: BTC Crosses $30K And More

This week has seen many TradFi institutions rushing to apply for spot Bitcoin Exchange-Traded Funds, which in turn helped push the crypto past the $30,000 mark, despite the regulatory challenges standing in its way, courtesy of the SEC. Let’s find out more. 
Bitcoin
Global investment firm BlackRock’s recent filing for a spot Bitcoin ETF has reignited optimism in the industry and spurred a flurry of similar filings from firms like WisdomTree and Invesco. 
There has been news of even Fidelity Investments applying for a spot Bitcoin ETF. 
The US SEC has approved the first leveraged Bitcoin futures ETF – the Volatility Shares 2x Bitcoin Strategy ETF, which will launch on the Chicago Board Options BZX on Tuesday, June 27.
A recent IMF post was extremely favorable towards countries in Latin America and the Caribbean using central bank digital currencies while denigrating El Salvador’s adoption of Bitcoin.
MicroStrategy has turned a profit on its significant Bitcoin investment as the p

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We współpracy z: https://cryptodaily.co.uk/2023/06/crypto-weekly-roundup-btc-crosses-30k-dollars-and-more

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