Daily Archives: June 9, 2021, 9:16 am

Bitcoin, other crypto ETFs face another hurdle in the U.S. with the ‘Sunday effect’ | Fortune

Digital currency enthusiasts are anxiously awaiting a regulatory decision on crypto exchange-traded funds in the U.S.—but there’s a drawback American asset managers will face, regardless: market hours. ETFs, by definition, trade on exchanges, which are subject to workweek-hour trading restrictions. Cryptocurrencies, on the other hand, can be bought and sold at all hours of the day, any day of the…

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