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On Wednesday, the chair of the U.S. Securities and Exchange Commission, Gary Gensler, announced the historic approval of the first-ever U.S.-listed exchange-traded funds (ETFs) designed to monitor the performance of Bitcoin. This marks a significant milestone for the largest cryptocurrency globally and the broader crypto industry. The regulatory green light was granted to 11 applications, including those from prominent entities such as BlackRock (BLK.N), Grayscale, Ark Investments, 21Shares (ABTC.S), Fidelity, Invesco (IVZ.N), and VanEck, among others.