According to breaking news, Bitcoin Spot ETFs, which were recently announced by the CBOE and will be traded tomorrow, have been officially approved by the SEC.
Many experts agreed that Bitcoin Spot ETFs would be approved today.
BTC Spot ETFs, which will enable the participation of traditional finance investors and mediate the holding of Bitcoin directly, represent a turning point in the cryptocurrency industry.
Original SEC approval document: https://www.sec.gov/files/rules/sro/nysearca/2024/fg-89shlq.pdf
On the other hand, Grayscale spokesperson said the following about the Bitcoin Spot ETF approval:
“I am pleased to confirm that the Grayscale team has received the necessary regulatory approvals to list GBTC on NYSE Arca and we will be issuing a press release with additional information shortly.”
*This is not investment advice.