Gary Gensler, Chairman of the US Securities and Exchange Commission, explained why the agency approved the launch of an ETF on BTC futures, rather than a direct exchange-traded fund for cryptocurrencies.
Pantera Capital Management, one of the leading investors in the cryptocurrency industry, expressed a "firm belief" that Bitcoin had found its bottom mark. The fund assumes that the price of $ 6,500 will be the lowest indicator of the current bear market, and also predicts that the markets are likely to reach new record highs within 12 months. About this Pantera Capital, an investment company operating exclusively in the industry of cryptocurrency and blockchain, said in a letter published on the website Medium. Pantera refers to a number of factors, explaining prediction.