Bitcoin price unfazed by SEC approval of spot BTC ETFs | Headlines | News | CoinMarketCap

01/11/2024 05:20
Bitcoin price unfazed by SEC approval of spot BTC ETFs | Headlines | News | CoinMarketCap

The price of bitcoin didn't react much to the Securities and Exchange Commission's approval of spot bitcoin exchange-traded funds (ETFs).  …

The price of bitcoin didn't react much to the Securities and Exchange Commission's approval of spot bitcoin exchange-traded funds (ETFs). 

Bitcoin's price traded hands at $45,519 at 4:41 p.m. ET on Jan. 10, shortly after the SEC officially announced the approval of spot bitcoin ETFs. The world's most popular cryptocurrency by market capitalization saw a 1.46% decrease in the last 24 hours, according to The Block's Price Page for bitcoin

Price of bitcoin following the SEC's approval of spot bitcoin ETFs. Image: The Block's Price Page for bitcoin

Yesterday stole the thunder

On Jan. 9, the SEC's X account was compromised. An unprotected phone number allowed the hacker to gain control of the regulator's account and falsely state that spot bitcoin ETFs had been …

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