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The U.S. Securities and Exchange Commission (SEC), the agency responsible for regulating the securities markets and protecting investors in the U.S.A, granted approval to 11 spot Bitcoin exchange-traded funds (ETF), in its Approval Order on 10 January 2024.
BlackRock is leading inflows into spot bitcoin exchange-traded funds after about a week of trading.
On Jan. 10, the Securities and Exchange Commission (SEC) approved allowing 11 spot Bitcoin exchange-traded funds (ETFs) to trade on equity markets. The ETFs are expected to bring new investors into Bitcoin because there's a new way to access investment in the cryptocurrency. Some of the largest asset managers and crypto firms took part in the offerings, making them even more appealing to investors. All of this, combined with years of build-up and hype, resulted in $4.6 billion in volume across t
The US Securities and Exchange Commission has approved 11 spot bitcoin exchange-traded funds (ETFs).