After a dramatic false start on Jan. 9, the Securities and Exchange Commission has now given the green light to several spot Bitcoin ETFs.
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Update Jan 10, 9:10 pm UTC: The SEC website link with the approval document continues to show an Error 404.
Update Jan. 10, 9:30 pm UTC: The filing showing SEC approval of spot Bitcoin ETFs is live on the commission's website under a different link.
The U.S. Securities and Exchange Commission has officially approved the United States’ first regulated spot Bitcoin
$46,614 exchange-traded funds (ETFs) — just one day after a false announcement posted from the SEC’s official Twitter account wreaked havoc on markets.
On Jan. 10, the securities regulator approved the 19b-4 applications from ARK 21Shares, Invesco Galaxy, VanEck, WisdomTree, Fidelity, Valkyrie, BlackRock, Grayscale, Bitwise, Hashdex and Franklin Templeton — approving the rule changes that allow a spot Bitcoin ETF to be listed and traded on the respective exchanges. The filing was available to download from the SEC website for several minutes before an ‘Error 404’ message appeared, later becoming live through a different link...
To read more visit CoinTelegraph.
