After a dramatic false start on Jan. 9, the Securities and Exchange Commission has now given the green light to several spot Bitcoin ETFs.
Update Jan 10, 9:10 pm UTC: The SEC website link with the approval document continues to show an Error 404.
Update Jan. 10, 9:30 pm UTC: The filing showing SEC approve of spot Bitcoin ETFs is live on the commission's website under a different link.
The U.S. Securities and Exchange Commission has officially approved the United States’ first regulated spot Bitcoin (BTC) exchange-traded funds (ETFs) — just one day after a false announcement posted from the SEC’s official Twitter account wreaked havoc on markets.