BREAKING: BITCOIN SPOT ETF APPROVED
US SEC Approves 11 Bitcoin Spot ETFs, Set to Start Trading Soon; Confirmation Comes Despite Technical Glitch on SEC Website.
After a long wait, the US SEC has finally approved a Bitcoin Spot ETF, paving the way for Bitcoin in mainstream finance,
The U.S. SEC announced this news on their official website, a source that people believe to be more trusted than the SEC’s X account since it was used to announce a false approval of the ETF yesterday 9th of December. However, as of writing this article, the link to the ETF approval page on the SEC's website is not working.
James Seyffart, a Bloomberg analyst commented on his X page, saying “It certainly looks like The Bitcoin ETF Approval order has hit the SEC website but the link is no longer working. That said, this document looks accurate to me”, confirming the approval of a Bitcoin Spot ETF in the United States.
With the ETF of about 11 issuers approved, Bitcoin Spot ETF has been reported to start trading tomorrow. This news has caused massive excitement in the crypto world, triggering high hopes for the future of Bitcoin in mainstream finance.
At the time of writing this article, Bitcoin’s price stands at $46,060
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