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Bitcoin Soars on Hopes of Investment Fund Approval

The cryptocurrency has gained roughly 150 percent this year, as investors bet that regulators will soon approve the first spot exchange-traded fund that is designed to track the price of Bitcoin.

Bernhard Warner
Author: Bernhard Warner

Written by

Bernhard Warner

in

Bitcoin (Currency), Exchange Traded Funds, Regulation and Deregulation of Industry, Securities and Exchange Commission, Virtual Currency
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