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Tech & Innovation
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NZ bitcoin investors hit as price tumbles

Despite reports of retail investors piling into bitcoin ETFs, the underlying price of bitcoin is down by as much as 15% following US regulator’s ETF decision.

The price of the world’s most valuable cryptocurrency has fallen by as much as 15% following the much-anticipated approval of bitcoin exchange-traded funds. 

The US Securities and Exchange Commission approved 11 applications from fund providers to list their crypto-backed ETFs on January 12

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NZ bitcoin investors hit as price tumbles
Tech & Innovation,
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