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US SEC has approved the Bitcoin Spot ETF; Is It Safe To Trade In Bitcoin?

Several exchange-traded funds (ETFs) tied to the spot price of bitcoin began trading in the U.S. on Thursday in a landmark moment for the cryptocurrency industry that has been seeking regulatory approval for the financial product for over a decade. The green light by the U.S. Securities and Exchange Commission finally came late on Wednesday following months-long talks with top asset managers such as BlackRock (BLK.N), Ark Investments/21Shares, Fidelity, Invesco (IVZ.N) and VanEck. Catch Manisha Gupta with more details

first published: Jan 12, 2024 05:01 pm

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