Bloomberg has become the largest maker of cryptocurrency in Bitcoin and Ethereum.

Golden Financial said Bloomberg analyst Mike McGlone said the gold rush came when investors joined cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). The rise in popularity of Bitcoin comes at a time when there are concerns about a decline in the exchange rate due to the increased currency expansion as a sign of deflation. Based on past data, Mike McGlone believes the US SEC could approve the Bitcoin ETF by the end of October. (Daily)