SEC could approve spot Bitcoin ETFs as early as 2023 according to Bloomberg analysts
- The #euro-area economy is reeling from surging inflation and new supply-chain disruptions as energy costs spiked and clouded the outlook for global growth
- Bloomberg exchange-traded fund analysts Eric Balchunas and James Seyffart said #crypto platforms could fall under the SEC’s regulatory framework if the commission were to approve a rule change amending the definition of "exchange"
- The U.S. #dollar found some support in Asia as commodity currencies took a breather from a steep rally driven by rising prices for exports, while a recovery in the U.S. bond market offered little solace to the struggling yen
- #BTCUSD exploded 2.6%
- #WTIUSD dove 2.8%
- #XAUUSD gained 0.8%
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