SEC Changes Rule to Approve Bitcoin ETFs: 5 Stocks to Watch

The much-hyped reformation in the cryptocurrency space took place on Jan 10. The U.S. Securities and Exchange Commission (SEC) approved rule changes to allow the creation of bitcoin exchange-traded funds (ETFs). As many as,11 bitcoin ETF’s are expected to be launched this year.Following the news, price of bitcoin (BTC) jumped above the technical barrier of 47,000 to reach 47.893.70. Finally, the price settled at 46,599.84 to close the day. The game-changing decision of the SEC will allow individuals, money ...