ETF

Bitcoin is holding its ground around $105,000, despite recent geopolitical tensions and a slight dip from previous highs. Analysts are on the lookout for further consolidation or a possible deeper setback.

The hype around crypto ETFs is not slowing down. While the community waits for ProShares ETF to start trading today, October 19, Invesco withdraws its proposal. The US SEC is keeping suspiciously quiet.

On October 15, Bloomberg published news that the US Securities and Exchange Commission (SEC) is going to approve the first-ever crypto ETF next week.

Breaking news. SEC has approved crypto ETFs.

Gary Gensler, the crypto-friendly chairman of the US Securities and Exchange Commission Exchange Commission (SEC), has expressed his support for cryptocurrency ETFs. However, he stressed that this was his personal opinion and had nothing to do with the regulator's plans to approve a proposal.

To many Bitcoin Investors and enthusiasts, the US Securities and Exchange Commission is a significant barrier to Bitcoin mainstream status.

While the US Securities and Exchange Commission is known for its cautious stance on cryptocurrencies, it seems things have been changing. The watchdog’s Chairman claimed that they are open to Decentralized innovations.

The USA monetary regulators seem to be quite controversial on cryptocurrency. While some watchdogs remain cautious, if not hostile, others tend to relieve their stance.

The United States Securities Exchange Commission (SEC) has adopted a blockchain forensics tool. Despite seemingly favouring the tech, the agency is not so friendly about the product backed by this tech, namely cryptocurrency.