SEC Officially Approves 11 Spot Bitcoin ETFs
The U.S. Securities and Exchange Commission (SEC) has officially given the green light to 11 spot Bitcoin Exchange-Traded Funds (ETFs) according to recent documents. This marks a significant milestone in the assimilation of cryptocurrency into the regulated financial market.
The approved ETFs are from leading financial institutions including BlackRock, VanEck, Bitwise, Fidelity, Franklin Templeton, Valkyrie, Hashdex, ARK 21Shares, Grayscale, WisdomTree, and Invesco Galaxy.