A Bitcoin ETF is generally regarded the Hoy Grail of cryptocurrency world since the first coin was mined more than a decade ago, though it may not rival gold as safe-haven anytime soon. Photo: Shutterstock
Bitcoin ETF? Bank of Singapore says SEC under Gensler may alter view on digital currencies as US$176 billion sell-off highlights risks
- Bitcoin has declined by more than a fifth since the digital money peaked at US$41,981 on January 8
- Gensler, Biden’s pick as SEC chairman, has focused on blockchain, digital currencies and fintech during his teaching time at MIT Sloan
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A Bitcoin ETF is generally regarded the Hoy Grail of cryptocurrency world since the first coin was mined more than a decade ago, though it may not rival gold as safe-haven anytime soon. Photo: Shutterstock
