LIVEThe most anticipated event in the crypto world: SEC approved Bitcoin ETF!
On Wednesday, January 10, the US Securities and Exchange Commission (SEC) approved a Bitcoin ETF. This means that the commission has allowed the creation and trading of Bitcoin-related funds on exchanges.
Regulated ETFs tied to the world's oldest cryptocurrency will allow investors to participate in trading without having to open cryptocurrency wallets. ETFs are the first step towards bringing classic financial products and structures to digital assets.
This event can be considered a turning point for the cryptocurrency industry. This increases confidence in digital assets and opens the cryptocurrency market to millions of ordinary investors.
Many market participants have been expecting this event for the past year, which could be one of the factors in the rise in the price of Bitcoin. Let us remind you that its cost has increased 2.5 times since the beginning of 2023.
