Future Tech

US SEC approves 11 spot bitcoin ETFs

Tan KW
Publish date: Thu, 11 Jan 2024, 11:17 AM
Tan KW
0 460,728
Future Tech

 The U.S. Securities and Exchange Commission has approved 11 spot bitcoin exchange-traded funds, including those of Grayscale, Bitwise and Hashdex, according to a statement on Wednesday.

The approval would be a game-changer for bitcoin, offering institutional and retail investors exposure to the world's largest cryptocurrency without directly holding it, and a major boost for a crypto industry beset by a string of scandals.

 


  - Reuters

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment