The U.S. Securities and Exchange Commission (SEC) has approved NYSE Arca's proposal to list and trade shares of the Grayscale Bitcoin Mini Trust, according to a report by Foresight News. The approval follows NYSE Arca's submission of a revised rule change, marking a significant development for the trading of Bitcoin-related financial products.
In the same decision, the SEC also granted expedited approval for the Cboe BZX Exchange's proposed rule changes to list and trade shares of the Pando Asset Spot Bitcoin Trust. This dual approval underscores the SEC's evolving stance on cryptocurrency investment products and highlights the growing acceptance of Bitcoin in traditional financial markets.
