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Robinhood Shares Plans to List Spot Bitcoin ETFs

Robinhood Shares Plans to List Spot Bitcoin ETFs

Robinhood CEO Vlad Tenev announced that his company will quickly start offering spot bitcoin exchange-traded funds, following the Securities and Exchange Commission’s approval of 11 spot bitcoin ETFs.

Tenev shared this update on social media platform X, expressing excitement about the SEC’s decision and highlighting Robinhood’s role as a pioneer in spot crypto trading.

He also mentioned plans to list the new ETFs on Robinhood as soon as possible, seeing it as a positive step towards integrating cryptocurrencies into traditional finance.

Tenev believes that this move not only brings clarity but also provides customers with advanced risk management tools for their digital asset investments.