The main cryptocurrency in the Thursday drop in price, bitcoin has gone below the psychological mark of $6500 after the Commission on securities and exchange Commission (SEC) of the USA after long consideration decided to reject the request to launch nine exchange-traded funds tied to bitcoin futures.
Previously, the Commission received an application to open a Bitcoin ETF and ProShares ProShares Short Bitcoin ETF — focused bitcoin exchange-traded investment funds. In addition, the Commission also considered applications for the launch of a bitcoin ETF, Direxion filed by companies and GraniteShares.