Daily Market Update presented by our @BitcoinSuisseAG Trading Desk.
07 Sep 2023, 11:45
Daily Market Update presented by our @BitcoinSuisseAG Trading Desk
📌 ARK Investments and VanEck have filed for spot ETH ETFs, the first of their kind.
📌 ETH’s reaction to the news was short-lived, it rallied 1.59% within 30 min but lost these gains again almost instantly.
📌 The rest of the Crypto market could not profit from the news either, BTC has seen its lowest daily close of $25'748 since June.
📌 The FTX exchange is expected to initiate the liquidation of its remaining crypto assets soon.
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