From Quiver Quantitative:

The US Securities and Exchange Commission (SEC) has approved exchange-traded funds (ETFs) based on Bitcoin, a first for the industry. Major players like BlackRock, Invesco, and Fidelity are among the approved issuers, and the decision is expected to expand market access to Bitcoin. Despite the historic approval, the SEC emphasizes caution, warning investors about the risks associated with cryptocurrency. The decision follows a growing demand for crypto investments and an influx of institutional Bitcoin participation. Following the approval of Bitcoin-spot ETFs, the SEC has acknowledged the increasing maturation of the crypto market.



Read more: SEC Approval of Bitcoin ETFs Marks Major Shift in Crypto Landscape