Final Verdict on VanEck ETF Proposal by SEC Due Tomorrow as Most Ready to Buy the FUD DipFinal Verdict on VanEck ETF Proposal by SEC Due Tomorrow as Most Ready to Buy the FUD Dip
Over the past few weeks, the Cryptoverse has been under heavy criticism. It is alleged that they have risen at a quick pace which has raised a lot of questions. As such, inescapable adjustments have to be made. Last year alone, close to 12 Bitcoin ETF applications were submitted out of which 11 were rejected.
VanEck had proposed to use data from the OTC market to calculate Bitcoin base price, which is purported to be higher than crypto exchange market in terms of trading and volume. SEC’s verdict this week could greatly impact the asset.