Crypto Update | Markets Haywire Amid SEC’s ETF Application Response and the ‘Natural’ End to a Long World Cycle

CoinDesk
CoinDesk

30 Jun 2023 5:53 PM

Adam B. Levine zooms in on the important factors to keep in mind as the next few years unfold....

  • Bitcoin tumbles after the SEC states that spot BTC ETF filings are inadequate.
  • The SEC vs Coinbase case is scheduled for July 13 after Coinbase's "creative" opening response.
  • Fidelity joins the rush for a spot Bitcoin ETF.
  • CoinDesk Editor Adam B. Levine and Associate Producer Adrian Blust discuss daily crypto market action and recent industry developments.

The sentiment of the article seems negative, as Bitcoin tumbles and the SEC criticizes spot BTC ETF filings.

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You May Ask

What caused Bitcoin to tumble?What is the SEC vs Coinbase case about?Why are spot BTC ETF filings considered inadequate by the SEC?What is Fidelity's involvement in the Bitcoin ETF rush?What are some recent industry developments discussed in the article?

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