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Bitcoin forks rally after CME futures listing and ETF filing spark interest
Grayscale filed a new ETF for Bitcoin, while a CME futures listing supported a jump in Bitcoin’s two biggest forks, even as the main coin cooled from its recent peak.
Bitcoin’s two biggest forks surged after a CME futures listing and a fresh Grayscale ETF filing, according to Decrypt.
The move came even as the flagship cryptocurrency cooled off from its seven month high, with Bitcoin dipping while the fork-related momentum accelerated.
The report links the renewed interest in forks to institutional and product developments, including the CME futures step and the updated Grayscale exchange traded fund filing.
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