Recently bitcoin cost 8.3k - an excellent figure, high growth rates. But while his positions are shaky, which proved a subsequent drop to 7.5. The reason is the SEC's refusal to register the ETF-fund of Bitcoin-twin Winklwos.

ETF is a tool of traditional investment. Through such a fund, you can lean into bitcoin from a brokerage account and not to sweat that the Polonix exchange will bust you. For each unit a certain number of bitcoins is assigned, but you buy the unit, the price of which depends on its rate. That is, like as bitcoin is not traded - it is not yet possible, but at the same time give investors the same way as if they bought the military technical cooperation. In fact, it is trickling the cue ball into the traditional market. SEC from the part legitimizes the cue ball, and there and before the trade is not far from it.