of fixed income instruments. The price will rally in a market wherein an ETF was just approved. As such, the funds can be expected to perform differently from the performance of the bitcoin. We see a lot of similarities here.
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The price slump may not even be over 10 percent. Are there more specific factors other than the ETF? Bitcoin Essentials, with regards to Bitcoin basics, the current market price of over 1,000 translates to a ceiling of 16 billion up.5 billion. Now, is the government (under President Trump) trying to influence the process? SEC filing states that the fund does not expect to invest directly in bitcoin. This may or may not cause any impact although the possibility of protracted regulation and legislation against the asset declines on margins with the new government. Yet, it appears the SEC will defer as it has sought out comments from the public about this issue. The Commission can approve or disapprove said ETF or postpone its decision. The former seeks to provide investors with long exposure to the price movements of bitcoin, whereas the latter with short exposure.