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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 ...
SINGAPORE/LONDON (Reuters) -Bitcoin held near 21-month highs on Thursday after U.S. regulators approved a spot bitcoin exchange traded fund (ETF), while the second-biggest cryptocurrency ether ...
By Manya Saini (Reuters) - Bitcoin more than doubled in 2024 driven by the U.S. markets regulator's approval for exchange-traded funds tied to its spot price, and optimism over easing regulatory ...
For comparison, the $27 billion Grayscale Bitcoin Trust, which also lets investors put money into Bitcoin, has a fee of 2%, although it plans to cut it to 1.5% for its spot Bitcoin ETF.
The thing to watch now is whether the flood of new Bitcoin ETF shares, which will begin trading as soon as today, are snapped up or—as is very possible—if demand turns out to be muted and the ...
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 is approving for the first time Bitcoin spot ETFs for trading, the move is considered a game-changer for cryptocurrency investors big and small. Spot Bitcoin ETFs approved by SEC Skip to ...
The false social media post said that the SEC had approved bitcoin ETFs for trading. The price of bitcoin briefly spiked after the initial post, but then quickly slid below $46,000.