A fake news report that sparked a brief 10% rally in Bitcoin is shining a spotlight on a crypto industry that’s waiting with bated breath for the arrival of mass-market ETFs to revitalize its fortunes. On Monday morning, a rally in the token was quickly reversed after a news report incorrectly asserted that BlackRock Inc. had received the green light to launch a spot exchange-traded fund in the cryptocurrency. While the news may have been fake, the money at stake was very real. Data from tracker Coinglass shows that more than $85 million worth of trading positions, mostly from traders who were betting on lower ... (full story)