BitcoinWarrior

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US SEC approves bitcoin ETFs in watershed for crypto market

Published by
Reuters

By Hannah Lang and Suzanne McGee WASHINGTON/NEW YORK (Reuters) -The U.S. securities regulator on Wednesday approved the first U.S.-listed exchange traded funds (ETFs) to track bitcoin, its Chair Gary Gensler said, in a watershed for the world’s largest cryptocurrency and the broader crypto industry. The U.S. Securities and Exchange Commission approved 11 applications, including from BlackRock, Ark Investments, 21Shares, Fidelity, Invesco and VanEck, among others, according to a notice on its website. Some products are expected to begin trading as early as Thursday. The products – a decade in t…

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