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3 Stocks to Watch as SEC Finally Approves Bitcoin ETF Applications
BLKBlackRock(BLK) Zacks Investment Research·2024-01-11 14:47

On Wednesday, in what can be dubbed a watershed moment for the crypto market, the U.S. Securities and Exchange Commission (“SEC”) finally green-lit the launch of 11 spot Bitcoin ETFs. This now allows retail investors to trade the world’s largest cryptocurrency without having to own it.In the previous session, an official social media account of the SEC announced that the regulatory body had already approved the applications, leading to Bitcoin (BTC) soaring above the $48,000 mark on Jan 9. However, soon aft ...