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RE: The Bitcoin Phenomenon Factors Driving the Cryptocurrency's Surge

in #ethereum7 months ago

The recent approval from the SEC signals a potential shift in the regulatory landscape for cryptocurrencies, especially in the wake of the agency’s legal setback against Grayscale in 2023. This precedent has led to the green light for bitcoin ETFs, followed by the introduction of ether ETFs. Though these developments mark progress, the SEC’s oversight of crypto is still facing intense political scrutiny.

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