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BlackRock, the world’s largest asset manager, has filed for a spot Bitcoin ETF at a time when the US regulator, Securities and Exchange Commission, has clamped down on cryptocurrency exchanges. Crypto ETFs available now are futures-based.
Bitcoin dropped another 2 per cent to barely hold the $28,000 mark in the last 24 hours, while Ethereum was slightly lower and remained below $1,950-levels.
Dogecoin price today rallied as much as 30%
Bitcoin rose more than 3 per cent to regain the $28,000 mark even after the rate hikes, while its largest peer, Ethereum, was also up about 4 per cent, regaining the $1,800 level.