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cryptonews 2023-08-17 23:48:00

Rumors SEC Poised To Approve Ethereum Futures ETF - ETH/BTC Bounces After Crypto Crash

After a market-wide crash that saw Bitcoin hit as low as the $24,000 region on derivatives exchanges - in the largest liquidation event since the FTX collapse - surprise news hit. A Bloomberg exclusive, syndicated by Yahoo Finance, states that the SEC is 'set to greenlight Ether-Futures ETFs'. That headline alone caused the Ethereum price to sharply bounce from its low of $1,550 on Binance - even hitting $1,465 on Bybit - back to just under the $1,700 level at the time of writing.... Read More: Rumors SEC Poised To Approve Ethereum Futures ETF - ETH/BTC Bounces After Crypto Crash

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