Traders look to ‘buy the dip’ after spot ETF rejection sends Bitcoin price to $62K Post author:MiamiCrypto Post published:November 12, 2021 Post category:Bitcoin Price / Cryptocurrencies / ETF / Market Update / Markets / SEC The SEC’s rejection of VanEck’s spot Bitcoin ETF application may have influenced Nov. 12’s drop to $62,000, but most traders view the correction as a buying opportunity. You Might Also Like SEC Chair Gary Gensler Envisions US Spot Ether ETFs Launching This Summer June 16, 2024 Bollinger Bands creator warns Bitcoin bulls as BTC price struggles below $50K August 25, 2021 PayPal not pursuing sale despite report of Stripe interest February 26, 2026