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SEC Approves Bitcoin ETFs, Hertz Selling 20K EVs, Silicon Valley Layoffs

Bloomberg Tech

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Bitcoin ETFs Approval and Trading Volumes

This chapter analyzes the recent approval of Bitcoin ETFs by the SEC and the implications for mass scale adoption of Bitcoin. It discusses the trading volumes and price action of Bitcoin after the ETF announcement, as well as the potential effects on exchanges and the positive movement of Ethereum. The chapter also mentions the SEC's clear statement regarding the approval and discusses the speculation surrounding BlackRock's selling pressure and high trading volumes.

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