Securities and Exchange Commission (SEC)
January 12, 2024
The US financial regulator, the Securities and Exchange Commission (SEC) has finally given the green light to spot Bitcoin Exchange-Traded Funds (ETFs). This signals a landmark moment for Bitcoin and the wider crypto market.
The SEC’s move, we believe, could send the price of the world’s largest crypto up to $60,000 in Q1.
SEC approved a total of 11 spot Bitcoin Exchange-Traded Funds. Included were those of Grayscale, Bitwise, and Hashdex, which were
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