Finance

SEC Approves 11 Spot Bitcoin ETFs

The U.S. Securities and Exchange Commission has accepted 11 spot bitcoin exchange-traded funds, together with these of Grayscale, Bitwise and Hashdex, based on a press release Wednesday.

The approval could be a game-changer for bitcoin, providing institutional and retail traders publicity to the world’s largest cryptocurrency with out immediately holding it, and a serious increase for a crypto trade beset by a string of scandals.


© 2024 Thomson/Reuters. All rights reserved.

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