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Fear not, because the Securities and ExchangeCommission (SEC) just sent out a fresh batch of invites in the form of 11 exchange-tradedfunds (ETFs) based on Bitcoin's real-time spot price. Ever feel like you've arrived late to the Bitcoin (CRYPTO: BTC) party? Others have been around for a while.
The launch of the spot Bitcoin ETFs One key factor behind this year's rally was the launch of the new spot Bitcoin exchange-tradedfunds (ETFs) in January. These new ETFs immediately started attracting investor inflows, and have now accumulated tens of billions of dollars in assets under management.
Certain cryptocurrencies zoomed higher today as rumors swirled about the potential for new spot crypto exchange-tradedfunds (ETFs). higher from the late afternoon yesterday, Litecoin (CRYPTO: LTC) traded 5% higher, and the meme token Dogecoin (CRYPTO: DOGE) was up 1.5%. As of 10:23 a.m.
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