Bitcoin Tumbles on Report of SEC Saying Spot BTC ETF Filings Inadequate

Bitcoin Tumbles on Report of SEC Saying Spot BTC ETF Filings Inadequate

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The news sent the price of bitcoin (BTC) plunging by $1,000, or more than 3%, in the space of a few minutes. At press time, bitcoin was trading just above $30,000. According to the story, the SEC has informed Nasdaq and CBOE – the exchanges that filed the spot ETF paperwork for several of the…

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