SEC Approves Bitcoin ETFs (for Real this Time)
The Securities and Exchange Commission (SEC) has finally granted approval to 11 spot bitcoin exchange-traded funds (ETFs), marking a significant milestone for the crypto industry. This regulatory green light opens up new investment opportunities in bitcoin ETFs and provides a convenient avenue for individuals and institutions to gain exposure to cryptocurrency without the need to directly buy and hold bitcoin. The SEC’s decision to approve bitcoin ETFs comes after years of anticipation and numerous rejections. With this approval, 11 bitcoin ETFs will be listed on public stock exchanges, offering investors a regulated and familiar way to enter the crypto...
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