#bitcoin has hit a one-year high due to BlackRock's plans to set up a Bitcoin exchange-traded fund (ETF).
Despite high regulatory scrutiny in the digital asset sector, BlackRock has filed an application with the US SEC for a Bitcoin #ETF known as the iShares Bitcoin Trust.
Recently other #cryptocurrencies. have traded lower on Friday after a three-day rally. Due to regulatory uncertainty in the US, Bitcoin trading is increasingly shifting to Singapore, Japan, South Korea, and Hong Kong. Hong Kong has just introduced a new regulatory framework for cryptocurrency exchanges.
To stay updated on the latest cryptocurrency news, values, prices, and more related to Bitcoin, Ethereum, #Dogecoin , DeFi, and NFTs
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