The Securities and Exchange Commission (SEC) has granted formal approval for several Bitcoin Exchange-Traded Funds (ETFs), after a brief episode of confusion and fake news that occurred on January 9th.
The approval, in effect since January 10th, concerns the 19b-4 applications submitted by important entities such as ARK 21Shares, Invesco Galaxy, VanEck, WisdomTree, Fidelity, Valkyrie, BlackRock, Grayscale, Bitwise, Hashdex, and Franklin Templeton.
This regulatory approval represents an innovative development in the United States and marks the beginning of regulated Bitcoin ETFs.
The approval of the Bitcoin ETF and the future internal investigation in the SEC: today’s news regarding the issue
The approval of the 19b-4 applications involves changes to the rules that allow the listing and trading of Bitcoin spot ETFs on their respective exchanges.
The brief availability of the deposit on the SEC website was followed by a temporary “Error 404” message, which was subsequently co
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