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The SEC approved applications from 11 asset managers to list spot Bitcoin ETFs. Many of the funds cut their fees leading up to the approvals in an effort to win early investors. Who should invest ...
WASHINGTON/NEW YORK (Reuters) -The U.S. securities regulator on Wednesday approved the first U.S.-listed exchange traded funds (ETFs) to track bitcoin, its Chair Gary Gensler said, in a watershed ...
Bitcoin investor Microstrategy gained 7% and crypto exchange Coinbase 4%, while the ProShares Bitcoin Strategy ETF, which tracks bitcoin futures, added 3.7%. Shares of retail trader-focused ...
In what many hailed as a landmark decision -- and after years of anticipation and stalling -- the Securities and Exchange Commission (SEC) approved spot Bitcoin exchange traded funds (ETFs) on Jan....
The SEC's approval of Bitcoin ETFs is a bullish outcome for the long term. What happens in the short term is much harder to predict. Bitcoin goes public: What the ETF victory means and what comes next
After a false start on Tuesday, the Securities and Exchange Commission on Wednesday finally approved spot Bitcoin ETFs.. In a filing, the agency announced that applications for 11 issuers ...
U.S. SEC officials met on Thursday with representatives of at least seven companies hoping to launch exchange-traded funds (ETFs) tied to spot bitcoin early in 2024, and told at least two to ...
Since then, the SEC has denied more than 30 similar applications. A key turnaround moment came last year in June when the world’s biggest money manager, BlackRock, filed for a spot bitcoin ETF.