SEC Greenlights Multiple Spot Bitcoin ETFs

SEC Greenlights Multiple Spot Bitcoin ETFs



On January 10th, the United States Securities and Exchange Commission (SEC) officially sanctioned a series of spot Bitcoin ETFs. This landmark decision allows these ETFs to be listed across all major U.S. national exchanges, including the likes of Nasdaq, NYSE, and CBOE. This move culminates a decade-long pursuit for such financial products.



The SEC's endorsement signifies that trading of these ETFs will commence at the CBOE from 9 am on January 11th, coinciding with the opening of the U.S. stock market.



The SEC's filing, which temporarily vanished due to a surge in website traffic, highlighted the approval of 11 issuers for listing Bitcoin (BTC) exchange-traded funds:




ARK and 21Shares: ARKB



Bitwise: BITB



BlackRock (iShares): IBTC



Fidelity: FBTC



Franklin: EZBC



Grayscale: GBTC



Hashdex: DEFI



Invesco Galaxy:


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#Bitcoin, #BitcoinETF, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #SEC, #SpotEtf

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