Bitcoin

<ul><li>BlackRock&#39;s ETF approval rumors were quickly dispelled by journalist Eleanor Terrett.</li><li>Despite the positive ruling for Grayscale, SEC is taking a cautious approach and evaluating the potential for market manipulation concerns in ETF approvals.</li><li>Other Major players who filed for Bitcoin spot ETF such as BlackRock, Invesco, Valkyrie, and Fidelity are still under SEC review</li></ul>According to reports by the famous Asian cryptocurrency news reporter Wu Blockchain, the rumors about the approval of BlackRock&#39;s spot Bitcoin ETF were quickly dispelled amidst social media speculation and market volatility. Earlier today, certain rumours  suggested that the Securities and Exchange Commission (SEC) had granted ETF approval for BlackRock, causing Bitcoin&#39;s price to surge by over 10% and briefly approaching the $30,000 mark, as per on-chain <a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow">data</a>. However, these gains were short-lived, with the market correcting itself.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/c511348d92904fc380fb522c09c4c45f.png" />Eleanor Terret, a reputable news reporter from Fox Business, <a href="https://twitter.com/EleanorTerrett/status/1713913109272809602" rel="noopener noreferrer nofollow">took</a> to the social media platform X to dismiss the rumours. She stated unequivocally,Read full article at <a href="https://cryptotale.org/blackrocks-bitcoin-etf-approval-rumors-debunked-sec-review-continues/" rel="noopener noreferrer nofollow">CryptoTale.</a>

BlackRock's Bitcoin ETF Approval Rumors Debunked, SEC Review Continues

CryptoTale

Other articles published on Oct 17, 2023

Reddit ends blockchain Community Points; says there’s ‘no path to scaling it’

Why Dogecoin, Shiba Inu & Pepe Are Crashing in 2023? Explained

Cardano’s Charles Hoskinson Takes on the Market In ADA’s Defense

Fantom Foundation hit by security breach, $657k stolen across networks

How Xahau is Shaping the Future of XRPL with its ‘Governance Game

Bitmain fired employees after salary data leak

Join our free newsletter for daily crypto updates!