To further compound the cryptocurrency markets woes, the U.S Securities and Exchange Commission (SEC) rejected several Bitcoin ETF applications.
source https://www.google.com/url?rct=j&sa=t&url=https://btcmanager.com/2019-regulations-grow-cryptocurrency-industry/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNGg7hr3WOqb3LYyaLnHXkOnrNMTtw
