From Wall Street Journal:

The Securities and Exchange Commission has given the green light for the first U.S. exchange-traded funds that hold bitcoin to be sold to the public, allowing mainstream investors to purchase and sell bitcoin as easily as stocks and mutual funds. The anticipation of U.S. regulatory approval for such funds drove the price of bitcoin to its highest level in about two years, approaching $47,800 late Tuesday, up from $17,000 in January 2023. This ruling marks a significant milestone in the mainstream adoption of bitcoin.



Read more: SEC Approves Bitcoin ETFs for Everyday Investors