Matrixport Founder Jihan Wu Addresses Spot ETF Report Responsible for Market Crash

Source: X / @JihanWu Crypto tycoon and Matrixport co-founder Jihan Wu addressed concerns surrounding the company’s report predicting the rejection of spot Bitcoin ETF applications by the U.S. Securities and Exchange Commission (SEC). Bitcoin’s price dropped as much as 9% on Wednesday as it briefly traded below the $41,000 mark. The flash crash was said The post Matrixport Founder Jihan Wu Addresses Spot ETF Report Responsible for Market Crash appeared first on Cryptonews .