The United States Securities and Exchange Commission (SEC) has said that the spot Bitcoin ETF applications made by asset management giants BlackRock (NYSE: BLK) and Fidelity were confusing and incomplete. The news has caused Bitcoin (BTC) price to sharply drop from a daily high of $31,256.86 to a low of $29,600.28. The price has, however, The post Bitcoin shudders after SEC says recent Bitcoin ETF filings inadequate appeared first on Invezz .