SEC Approves Bitcoin ETFs for Everyday Investors | EUROtoday

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A ruling Wednesday clears the way in which for the primary U.S. exchange-traded funds that maintain bitcoin to be bought to the general public.

The choice by the Securities and Exchange Commission will enable mainstream traders to purchase and promote bitcoin as simply as shares and mutual funds. Expectations of U.S. regulatory approval for such funds drove the worth of bitcoin to the best stage in about two years. The digital forex approached $47,800 late Tuesday, up from $17,000 in January 2023.

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