SEC Approves Bitcoin Spot ETF, While Bitcoin Price Underperforms Ethereum
According to the announcement from the U.S. Securities and Exchange Commission (SEC), the SEC has officially approved 11 Bitcoin spot ETFs, including Bitwise, Grayscale, Hashdex, BlackRock, Valkyrie, Invesco, Ark, VanEck, WisdomTree, Fidelity, and Franklin. The issuers are expected to start trading on the stock exchange as early as 1/11.