The price briefly dropped below $30,000 after the SEC rejected the spot Bitcoin ETF applications of the world’s largest asset managers.
According to The Wall Street Journal’s (WSJ) report on June 30, citing statements from sources familiar with the subject. US Securities and Exchange Commission (SEC)giants of the world BlackRock, Fidelity and other asset managers spot Bitcoin ETF their applications he refused.
According to the statements of the SEC, asset managers apply mainly to the processes that cover all transactions that take place outside the United States. surveillance And to share oriented agreement the one which… “Surveillance-Sharing Agreement” about open And with sufficient information not found.
On the other hand, asset managers by remaking or update it again can send. One Cboe BZX spokesperson commented on the matter, in the documents update make it again He stated that they plan to submit it to the SEC.
Bloomberg ETF Analyst Eric Balchunas via his official social media account. in sharingSEC decision negative does not reflect a situation and of the regulator assets organizations to be kept more about obtain information expressed his wish.
Coinecko According to data from Bitcoin, after the applications were rejected, 31,081 from dollars of 4% rapidly losing value 29,770 up to dollar levels withdrew. Afterwards a small recovery living Bitcoin, as of writing 30,162 traded at the dollar level.