Bitcoin Price Shows Resilience Above $3,500, Despite ETF Rejection

Bitcoin Price

Bitcoin price is showing resilience in the face of adversity. The latest bad news has failed to knock BTC to the floor. So is there a bull run ahead?

Bitcoin Price

Yesterday, the Chicago Board Options Exchange (CBOE) BZX equity exchange withdrew its request to list a Bitcoin ETF (exchange-traded fund). The news surely has disappointed Bitcoin traders, but it has yet to be reflected in Bitcoin price.

CBOE requested a rule change by the US SEC that would have allowed a Bitcoin ETF listing to be plausible. This potential ETF was backed by …

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