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Bitcoin Price Falls Below $6500 After SEC Postpones ETF Decision

Bitcoin fell further down, to sub-$6,500 level Wednesday, influenced by the Securities and Exchange Commission's (SEC) decision to delay a ruling on a keenly awaited Bitcoin exchange-traded fund (ETF).

SEC postponed its decision by a further 45 days whether to approve a rule that would allow Chicago Board Options Exchange (CBOE) to offer shares of an ETF issued by VanExk SolidX Bitcoin Trust.

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by Joji Xavier

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