The SEC Approves Spot Bitcoin Exchange-traded Funds
Despite a delay on Tuesday, the SEC has now given approval for some investment companies to offer spot Bitcoin exchange-traded funds.
Despite a delay on Tuesday, the SEC has now given approval for some investment companies to offer spot Bitcoin exchange-traded funds.
According to Matrixport analyst Markus Thielen, there is little chance that the SEC will approve applications to launch a spot Bitcoin ETF in January.
Goldman Sachs is currently in discussions to become an authorized participant for spot bitcoin exchange-traded funds being considered for launch by BlackRock and Grayscale.
The issuers of two Bitcoin exchange-traded funds (ETFs) have announced the fees they will charge their holders if their ETFs are approved.
The SEC has announced that its decision regarding several Ether ETFs has been postponed until May 2024.
The SEC chairman emphasized that these digital assets do not comply with securities laws and other regulations.
Investment firm YieldMax has filed to launch an ETF.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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