Bitcoin’s Wild June Is a ‘Slam Dunk’ Against Crypto ETF Approval

Crypto enthusiasts weren’t the only ones watching Bitcoin’s meteoric ascent last month.

The likelihood of a Bitcoin exchange-traded fund gaining approval from the U.S. regulator has declined thanks to the cryptocurrency’s wild price swings in June, Jeff Dorman, chief investment officer at Arca, wrote in a July 1 research note.



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