Bitcoin’s fashionable April break below $60,000 bottomed out at around $56,500 after BlackRock said heavyweight institutions analogous to sovereign wealth funds, pension funds and endowments were likely to trade in the spot ETFs. However, JPMorgan recently take pleasure ined that 80% of the inflows into the spot ETFs came from existing crypto market participants.
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In December 2020, the SEC filed a lawsuit against Riffle Labs, accusing the company of …