🚨 BREAKING!!!
BITCOIN ETFS APPROVED DESPITE CLARITY ACT FAILURE
• At the time of writing, the SEC has approved the first spot Bitcoin ETFs, despite the failure of the proposed CLARITY Act.
• The legislation aimed to regulate the crypto industry, but its demise didn't stop the regulators from implementing rules.
• As of recent reports, the SEC has confirmed that BlackRock iShares IBIT and Fidelity FBTC are among the approved ETFs, with accumulated tens of billions in AUM.
• The approval is seen as a major victory for institutional investors, who have been waiting for a regulated way to invest in Bitcoin.
• The rules may have changed, but the game is still on for crypto advisors – follow for live market updates!
📡 Via CoinDesk
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#crypto #newsdaily #news #BREAKING #BTC $BTC $ETH
BITCOIN ETFS APPROVED DESPITE CLARITY ACT FAILURE
• At the time of writing, the SEC has approved the first spot Bitcoin ETFs, despite the failure of the proposed CLARITY Act.
• The legislation aimed to regulate the crypto industry, but its demise didn't stop the regulators from implementing rules.
• As of recent reports, the SEC has confirmed that BlackRock iShares IBIT and Fidelity FBTC are among the approved ETFs, with accumulated tens of billions in AUM.
• The approval is seen as a major victory for institutional investors, who have been waiting for a regulated way to invest in Bitcoin.
• The rules may have changed, but the game is still on for crypto advisors – follow for live market updates!
📡 Via CoinDesk
👍 Like and follow for more informative content like this!
#crypto #newsdaily #news #BREAKING #BTC $BTC $ETH