[2018-04-06] Institutional Investors Incoming? SEC Formally Considering Bitcoin

[tyz]

Institutional Investors Incoming? SEC Formally Considering Bitcoin ETFs
According to an official release from the Securities and Exchange Commission (SEC), formal proceedings are set to begin in regards to listing the first Bitcoin exchange-traded funds (ETFs) in the United States.
http://bitcoinist.com/institutional-investors-incoming-sec-formally-considering-bitcoin-etfs/

[Betwrong]

Seeing news like this one I'm wondering why the market is still in red? What bad news news I'm not aware of impact the market? Apart from the news that the Reserve Bank of India has banned banks from allowing people to transfer money from their bank accounts into Bitcoin wallets I haven't seen anything negative recently. But India is not a huge player on the market so the ban is hardly the reason of the today's red market.