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 Supercore Inflation Surge Signals Tough Road Ahead for Fed READ MORE Thursday's PCE Price Index Release to Shine a Spotlight on Inflation Trends READ MORE Goldman Sachs Urges Investors to Bet on Gold READ MORE Oil Prices Climb as Market Optimism Grows Amid Tightening Supply Signals READ MORE SSR Mining Stops Gold Production after Landslide in Turkey READ MORE Add a Comment Cancel replyYour email address will not be published.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