Investors from SEC spot Bitcoin ETF While waiting for an approval statement regarding their applications, many applicant companies, including Blackrock and Grayscale, have updated their ETF applications.
As expectations for ETF approval increase following these updates, the leading cryptocurrency BTC It also rose above $45,000.
This increase in BTC price led to significant liquidations of leveraged positions on centralized exchanges.
CoinGlassAccording to data from , while $7 million in leveraged positions were liquidated in the last hour, $4.39 million of them consisted of short positions.
At this point, while Bloomberg expects the SEC to approve ETFs within a few days in today’s report, Fox Business reports that BlackRock, the world’s largest asset manager and also an ETF application, expects its application to be approved this Wednesday.
Bitcoin At the time of writing, it continues to be traded at $ 45,070.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!