Crypto ETFs Have Been Approved — A Simple Guide to What it Means for Investing in Crypto & Beyond
Too Long; Didn’t Read
U.S. Securities and Exchange Commission (SEC) approval of a Bitcoin spot exchange traded fund (ETF) has been lauded as ‘the legitimisation’ of Bitcoin and other cryptos. Approval of the ETF allows hundreds of millions of investors around the world to access Bitcoin. It gives big investors (like pension funds) access to the Bitcoin market for the very first time.
Too Long; Didn’t Read
U.S. Securities and Exchange Commission (SEC) approval of a Bitcoin spot exchange traded fund (ETF) has been lauded as ‘the legitimisation’ of Bitcoin and other cryptos. Approval of the ETF allows hundreds of millions of investors around the world to access Bitcoin. It gives big investors (like pension funds) access to the Bitcoin market for the very first time.