SEC approves rule changes that pave the way for bitcoin ETFs
- The Securities and Exchange Commission has approved spot bitcoin exchange-traded funds , including applications from firms like BlackRock and Grayscale.
- This decision is expected to increase accessibility to bitcoin investing for Main Street investors, allowing them to invest without owning the digital asset directly.
- The SEC's approval marks a significant departure from its previous stance on Bitcoin ETFs, reflecting a shift towards merging traditional finance with the cryptocurrency sector.
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The crypto scene is celebrating. In the USA, investors can now invest in Bitcoin index funds. The US Securities and Exchange Commission has paved the way for this. Has cryptocurrency finally arrived in the real investment world? What is changing? And will the Bitcoin price explode now?
SEC Approves First Spot Bitcoin ETFs, Signaling Major Shift in Crypto Regulation
The U.S. Securities and Exchange Commission (SEC) has reportedly approved the first spot bitcoin exchange-traded funds (ETFs), signifying significant progress in the integration of cryptocurrency into mainstream financial markets.
The digital currency Bitcoin has taken a step towards the investment mainstream in the USA.
The Securities and Exchange Commission (SEC) has approved the first exchange-traded Bitcoin ETF in the USA. Some products could go on sale as early as Thursday. [more]
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