The U.S. Securities and Exchange Commission (SEC) has given approval for 11 spot bitcoin exchange-traded funds (ETFs), allowing them to be listed and traded on major exchanges such as NYSE Arca, Nasdaq, and Cboe BZX. These ETFs are set to start trading on Thursday, January 11. The approved ETFs include offerings from companies like Ark 21shares, Invesco, Vaneck, Wisdomtree, Fidelity, Franklin, Grayscale, Bitwise, Hashdex, BlackRock’s Ishares, and Valkyrie. The move is considered a significant development in the crypto industry, providing investors with a new way to gain exposure to bitcoin through regulated financial products. (Source: Bitcoin.com)
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