(Bloomberg) — US spot Bitcoin exchange-traded funds recorded chunky inflows at the end of last week, fully reversing earlier outflows and helping to drive the original cryptocurrency back above $81,000 for the first time in a fortnight.
Michael Selig, Chairman of the US Commodity Futures Trading Commission (CFTC), announced that the institution will continue its regulatory efforts using its existing legal powers following the failure of the Senate vote on the Clarity Act, a regulatory framework for the cryptocurrency market.
