On March 23, reports indicated that the cryptocurrency market experienced volatile declines, with Bitcoin falling below $69,000. As of the time of writing,$Bitcoin (BTC.CC)$it dropped by 0.31%, trading at $68,634.68; $Ethereum (ETH.CC)$ Ethereum fell by 1.19%, trading at $2,058.38.

Key Focus

According to a report by The Block, NYSE Arca and NYSE American, subsidiaries of the New York Stock Exchange, have submitted a rule change to the SEC to remove the 25,000-contract position and exercise limit on spot Bitcoin and Ethereum ETF options. The U.S. Securities and Exchange Commission (SEC) waived the standard 30-day waiting period for these two filings, allowing the changes to take effect immediately. This marks the completion of this…