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Here’s what happened in crypto today

Published 07/19/2023, 05:11 PM
Updated 07/20/2023, 12:00 AM
BTC/USD
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Several spot Bitcoin (BTC) exchange-traded fund applications made their way to the Federal Register this week, giving investors a clearer timeline on the Securities and Exchange Commission's path to either approving or rejecting the filings. Global securities marketplace Nasdaq is halting the launch of its own cryptocurrency custody, previously planned to roll out by the end of the second quarter 2023. Meanwhile, Democratic presidential candidate Robert F. Kennedy Jr. has vowed to back the U.S. dollar with Bitcoin or precious metals.

Multiple spot Bitcoin ETF applications have been published in the Federal Register, raising optimism in the crypto community that the path to approval was gradually being laid.

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