Bitcoin Drops After SEC Rejects Grayscale Spot Bitcoin ETF

After Grayscale’s spot Bitcoin ETF was rejected by the SEC the price of Bitcoin went with it dropping over 5% to as low as $18,930. The drop is also due in part to continued inflation fears plaguing the market.

ETF Newz Says:

The next few months will be very interesting for the for the future of cryptocurrencies.

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE
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