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- Crypto Roundup: ETH ETF Hope, Abra Settles, Turkey Cracks Down, US Sells Silk Road BTC
Crypto Roundup: ETH ETF Hope, Abra Settles, Turkey Cracks Down, US Sells Silk Road BTC
Crypto chirps were mixed today! Our canary spotted the SEC potentially greenlighting spot Ethereum ETFs by July 4th. Abra, on the other hand, settled with regulators for $82 million for operating without licenses. Regulatory winds also shifted in Turkey, where a new law cracked down on unauthorized cryptocurrency with the threat of jail time. Finally, the US government's sale of Bitcoin seized from Silk Road put downward pressure on the market.
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