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Back to Earth #evolution by Jackie VensonCrypto funding might have declined last quarter, but investors behind the largest funds in the space are sticking to their guns. Yesterday's erroneous report that the SEC had approved the IShares Spot Bitcoin ETF sent bitcoin to over $30, in the space of an hour. On Wednesday its value slumped below 30 cents, opens new tab. The collapse brings highfalutin cryptocurrency ideals back to earth.
