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In the latest crypto rollercoaster ride, Bitcoin ($BTC) is making waves with a surge that has the community buzzing. Digging into the core of this rally, one significant player seems to be taking center stage – the iShares Spot Bitcoin Trust ($IBTC). Let’s break down how this listing on The Depository Trust & Clearing Corporation (DTCC) is impacting the crypto market.
SEC Green Lights Grayscale Ethereum Futures Trust ETF
the Securities and Exchange Commission (SEC) recently greenlit a rule change for the listing and trading of shares of the Grayscale Ethereum Futures Trust (#ETF). This unexpected move has sent shockwaves through the market, leaving investors and enthusiasts questioning its potential impact on Bitcoin’s trajectory.
![Why Bitcoin's Recent Surge? Unraveling the Mysteries Behind $BTC's Rally 1 Why Bitcoin's Recent Surge? Unraveling the Mysteries Behind $BTC's Rally](https://coinbuzzfeed.com/wp-content/uploads/2023/10/icv-1024x1000.jpeg)
With the market experiencing significant fluctuations, the question on every investor’s mind is whether this surge will be sustained or if a correction is imminent.
The age-old adage of “buy the rumor, sell the news” looms over the crypto landscape. As excitement builds around the recent developments, is there a possibility of a market correction following the anticipated news cycle?