US approves first spot bitcoin ETF applications for 11 issuers

US approves first spot bitcoin ETF applications for 11 issuers

11 months ago
Anonymous $6hYC3Wwiad

https://techcrunch.com/2024/01/10/sec-approves-spot-bitcoin-etf/

It’s been over a decade since the first application for a spot bitcoin ETF was filed. After a number of denials over the years, the U.S. Securities and Exchange Commission has approved all 11 applications from spot bitcoin ETF issuers, marking a potential watershed moment for the crypto industry and potentially opening the floodgates by making it easier for institutional investors and consumers alike to invest in the biggest digital asset.

The issuers are BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust, ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETP Trust, WisdomTree Bitcoin Fund, Fidelity Wise Origin Bitcoin Trust, VanEck Bitcoin Trust, Invesco Galaxy Bitcoin ETF, Valkyrie Bitcoin Fund, Hashdex Bitcoin ETF and Franklin Bitcoin ETF. Six of the ETFs will be listed on Chicago Board Options Exchange (CBOE) and three will be on the New York Stock Exchange (NYSE) and two will trade on Nasdaq.