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 South African Platinum Industry Could Face 'Irreversible Decline' READ MORE Consumer Sentiment Gap Raises Recession Fears READ MORE From Tokyo to Istanbul: The World Reacts to a Surging US Dollar READ MORE S&P Global Survey Shows US Business Activity Picks Up in January as Inflation Cools READ MORE Thriving Economy, Pessimistic Public: The U.S. Economic Perception Gap READ MORE Add a Comment Cancel replyYour email address will not be published.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