Most of the $16 billion inflow into spot bitcoin ETFs since their launch likely came from existing digital wallets on exchanges, the report said.<br /><br />How recently have you consulted with your lawyers about where the law currently?" asked an ASIC representative while speaking to an audience of crypto industry-goers.<br /><br />Bitcoin reached $70,000 but later dipped to $67,600 after Federal Reserve's hawkish stance post FOMC announcement and lower-than-expected CPI data release.