Bitcoin Rises to $117,000 Level with Simplified SEC ETF Procedures [CryptoBriefing]

[Financial News] Bitcoin is trading at the $117,000 level on the 19th. It is interpreted as the effect of the U.S. Securities and Exchange Commission (SEC) recently simplifying the listing procedures for spot asset Exchange-Traded Funds (ETFs).
According to the global asset information platform CoinMarketCap, Bitcoin is trading at the $117,000 level as of 10:10 a.m. today, up 0.75% from the previous day (24-hour basis). Bitcoin has risen 1.30% over the past week.
Bitcoin is trading at the 162 million won level in the Korean won market. According to the global asset market comparison platform Cryprice, the Korean premium is -0.43%.
The SEC decided on the 17th (local time) to apply general listing criteria to ETFs based on spot commodities, including virtual assets. Previously, the SEC individually reviewed applications for spot asset ETFs, but now listing is possible if the general listing criteria are met.
With the regulatory change, it is expected that various spot asset ETFs, including XRP (Ripple), Solana, and Dogecoin, will be listed, raising expectations for capital inflow into the asset market.
At the same time, Ethereum is trading at the $4,611 level, up 0.18% from the previous day. Ripple is trading at the $3.08 level, up 0.44%.



yimsh0214@fnnews.com Sanghyuk Lim Reporter