The post The SEC Approves Ark Invest’s Bitcoin ETF in the US! appeared first on Coinpedia Fintech News
The US Securities and Exchange Commission (SEC) is expected to approve the Bitcoin exchange-traded fund (ETF) proposed by Ark Invest later this week. The Ark Invest Bitcoin ETF has been in the regulatory pipeline for several months and has garnered significant attention from both investors and industry watchers. If approved, the ETF will allow investors to gain exposure to Bitcoin without owning the underlying asset. The move is seen as a significant step for the cryptocurrency industry, as it could lead to wider adoption among institutional investors.
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