Major Milestone for Crypto Markets — SEC Greenlights Bitcoin ETF In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has approved applications for spot price Bitcoin exchange-traded funds (ETFs) from 11 issuers, signaling a new era for cryptocurrency. Among the approved are applications from major financial players like BlackRock, Fidelity, and Franklin Templeton. Additionally, the SEC has authorized the digital asset manager Grayscale to convert its Bitcoin trust into a spot Bitcoin ETF. This approval is particularly significant for Grayscale, with a spokesperson confirming their readiness to uplist GBTC to NYSE Arca. Fidelity is also finalizing the registration process for its Bitcoin ETF, working in close coordination with the SEC. This decision by the SEC has been eagerly awaited and is seen as a major boost to the cryptocurrency market. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Prices Climb Near $2,350 Amid Holiday-Thinned Trading READ MORE BofA Sees 75 bps Q4 Cut as Fed Signals Easing Cycle READ MORE China's Decisive Rate Cut Move READ MORE Russia's Central Bank Adapts Gold Buying Strategy Amid Rouble's Rise READ MORE China's Gold Demand Rises: Central Bank Buys as Lunar New Year Approaches READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment