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Análise de Preço: Crypto Total Market Cap - 31/01/19

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Bitcoin approaches $31,000 amid anticipation over possible Fidelity ETF

Last week, BlackRock had already filed a request to register a Bitcoin spot ETF, taking the asset to a record for the year. Bitcoin is nearing its one-year highs amid anticipation of a new BTC spot ETF order, allegedly by investment giant Fidelity. The world's largest cryptocurrency by market cap was trading near $31,000 earlier this afternoon, approaching its yearly high recorded last week when it hit $31,411. Information about Fidelity's ETF was released this Tuesday (27) by the specialist cryptocurrency vehicle The Block, which cited an unidentified source. According to the article, the company must submit the request today. “A genuine spot ETF would open the door to new money inflows, which would have a ripple effect in terms of volumes and interest,” Darius Tabatabai, co-founder of decentralized exchange Vertex Protocol, told Bloomberg. This is Fidelity's second attempt to launch a Bitcoin spot ETF. In 2021, the Securities and Exchange Commission (SEC, the US Securitie