US Approves First Bitcoin ETFs, Signifying the Start of a New Crypto Era
Miami Crypto28 Mar, 2024Business
The SEC has for years looked sceptically at proposals to set an actual Bitcoin ETF approval date for a Bitcoin ETF, citing issues such as market manipulation; the general volatility of the asset class; and complexities surrounding the custody of the underlying assets. But with consistent institutional interest in Bitcoin and increased maturation of the cryptocurrency market, the SEC finally felt comfortable giving approval to some select set of applicants.
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