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đBitcoin$BTC and other major crylllptocurrencies, including ethereum and Ripple's XRP$XRP , have been rocked by the Federal Reserve this yearâcreating what could become a bitcoin price nightmare.
đ„The bitcoin price, up almost 70% so far this year, helped by BlackRock, the world's largest fund manager that looks after around $10 trillion worth of assets, driving a surge of Wall Street bitcoin and crypto interest.
Now, a former BlackRock managing director has predicted it's only a matter of months until the U.S. Securities and Exchange Commission (SEC) approves a long-awaited bitcoin spot exchange-traded fund (ETF), giving funds that manage $17.7 trillion worth of assets the green light.