Bitcoin’s first leveraged ETF starts trading amid SEC’s crypto crackdown

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City AM

By Darren Parkin Data from CryptoCompare shows the price of the flagship cryptocurrency Bitcoin (BTC) moved sideways throughout the past week, starting off at $30,400 and briefly moving to $31,000, before seeing a correction to its current 30,600 level. Ethereum’s Ether – the second-largest digital currency by market capitalisation – moved upward throughout the week, starting it close to $1,850 and steadily growing to now trade at $1,950. Headlines in the cryptocurrency space over the last seven days started off noting that the US Securities and Exchange Commission (SEC) gave the green light t…

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