The Securities and Exchange Commission (SEC) has given its approval for certain investment companies to offer "spot bitcoin" exchange-traded funds (ETFs). This decision is expected to make bitcoin investing more accessible to Main Street investors without them needing to own the digital asset directly. However, SEC Chair Gary Gensler emphasized that the agency remains cautious about bitcoin and products tied to cryptocurrency. The SEC had a deadline of January 10 to make a decision on 11 firms that applied to offer bitcoin ETFs, and it approved all 11 of them. Bitcoin, with a market cap of around $900 billion, has experienced significant price volatility throughout its history. Following the SEC's decision, the price of bitcoin dropped nearly 2% to $45,431. Additionally, a false post on the SEC's Twitter account claimed that the agency had approved the listing and trading of spot bitcoin exchange-traded products, but this was quickly debunked by Gensler. The FBI is now investigating the matter.
Залишайтеся на зв'язку
Підпишіться на нашу розсилку та отримуйте інформацію про вихід нових статей, інформацію про ексклюзивні знижки та інше
Або підпишіться на наш Telegram, щоб завжди бути в курсі наших новин.