As Bitcoin hovers near $29k, the market awaits ETFs as a potential catalyst for unprecedented highs, as 30-day volatility drops and trading volumes slow.
After the recent hype surrounding spot Bitcoin exchange-traded funds (ETFs), cryptocurrency markets have made a remarkable comeback, contributing $60 billion to the overall global crypto market cap in the last week.
U.S. Securities and Exchange Commission (SEC) has rejected Grayscale's proposal to convert its flagship product Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF.
