RATE Group | Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Pr…
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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Pr…

25 Jul Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Pr…

Posted at 20:45h in Ethereum News by

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

The market data is provided by the HitBTC exchange.

Institutional investors and the approval of a crypto exchange traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) are the two possible triggers that could boost the recovery in cryptocurrencies.

The SEC has decided to postpone making a decision on the Direxion Bitcoin ETF application until September. However, many crypto enthusiasts hope that the application filed by money manager VanEck and SolidX might see the light of day within the next few weeks.

While these applications are pending, San Francisco-based asset manager Bitwise has jumped into the fray with a proposal of an ETF that would track a basket of 10 cryptocurrencies. While the others are applying for Bitcoin-only…

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