Major cryptocurrencies experienced a mixed trading day on Wednesday due to two notable developments. Firstly, the race for a Bitcoin ETF gained traction as the number of entrants reached a total of 13. Secondly, the FTX estate received approval to sell its trust assets, which include shares of Grayscale and Bitwise investment funds worth approximately $873 million.
| Cryptocurrency | Gains +/- | Price (Recorded 9:30 p.m. EST) |
| Bitcoin (CRYPTO: BTC) | 0.01% | $37,880.7 |
| Ethereum (CRYPTO: ETH) | -0.77% | $2,035.41 |
| Dogecoin (CRYPTO: DOGE) | +0.81% | $0.08149 |
What Happened:Swiss asset manager Pando has joined the race to launch a spot Bitcoin exchange-traded fund (ETF).
This late entrant enters the market alongside other prominent bidders likeBlackRock, ARK Invest,andGrayscale, who have been seeking approval from the country's securities...
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