The recent fraud of the Cointelegraph news portal covering events in the crypto industry has had a unique impact on investors’ interest in the fate of ETFs that are subject to the US Securities and Exchange Commission (SEC). News of the ETF’s regulatory recognition turned out to be fake and was quickly denied by the BlackRock platform, the media and the SEC.
However, this filling was enough to immediately affect the price of Bitcoin, which rose sharply to $30,000 and fell in price just as quickly. There is still interest in ETFs, probably due to inertia.
For example, when CoinDesk checked Google Trends statistics, the number of searches rose as high as 100 over a five-year period, indicating interest in ETFs in general. However, there is also activity among traders, this week the number of “spot bitcoin-ETF” requests from pages offering professional investments reached 39. This is a record for such a complex and narrow subject.
Source: Ferra
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