June 2022 will go down as a month to forget for bitcoin, which plunged 40%. The denouement came last night as the SEC rejected Grayscale's spot bitcoin ETF application. LedesmaLyllah reports in this morning's First Mover Americas.
Data from CryptoCompare shows that since May, total assets under management across all digital-asset investment products has fallen 36% to $21.6 billion. .The AUM in bitcoin funds specifically fell 33.7% to $15.9 billion; however, they continued to gain market share, currently at 73.6% of total AUM, up from 70.1% in May.Market movesGrayscale Investments has sued the U.S.
“Grayscale supports and believes in the SEC’s mandate to protect investors, maintain fair, orderly, and efficient markets and facilitate capital formation – and we are deeply disappointed by and vehemently disagree with the SEC's decision to continue to deny spot Bitcoin ETFs from coming to the U.S.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Houston County real estate transfers June 21-June 23, 2022Seller, buyer, property location, total purchase price, date
Read more »
This day in history, June 28: The Treaty of Versailles signed in FranceAlmanacs are full of lists of global and national historic events. But “This Day in History” feature invites you to not just peruse a list, but to take a trip back in time to see how a significant event originally was reported in the Chicago Tribune.
Read more »
When to watch the surprise January 6 committee hearing on Tuesday, June 28The House panel has not explained why it abruptly scheduled today’s hearing — but a source has revealed the identity of the witness.
Read more »
Watch the surprise January 6 committee hearing on Tuesday, June 28The House panel has not explained why it abruptly scheduled today’s hearing — but a source has revealed the identity of the witness.
Read more »
Dear Dr. June: This job makes me grumpy, but I’m afraid to changeMy mom told me to go back and finish school. I thought about it about it but I don’t like school either.
Read more »
Daily horoscope for June 28, 2022Get your daily horoscope for June 28, 2022 from astrologer Georgia Nicols.
Read more »