SEC approves rule changes that pave the way for bitcoin ETFs

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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?

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FACT CHECK: Did The SEC Approve Bitcoin ETF On January 9, 2024?

'The SEC did not make any such approval. The announcement was made by an unauthorized party and was soon deleted'

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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.

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The digital currency Bitcoin has taken a step towards the investment mainstream in the USA.

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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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Bitcoin ETFs approved so what now for cryptocurrencies?

The US SEC has approved exchange traded funds that track the price of bitcoin opening the door for investors to gain exposure to cryptocurrenices without having to hold them. SBS Finance Editor Ricardo Gonçalves and Rhayna Bosch takes a closer look at the implications with Chris Weston from Pepperstone and Josh Gilbert from eToro.