As early as Jan. 10, the U.S. Securities and Exchange Commission’s (SEC) approval of spot bitcoin ETFs on a number of leading exchanges was clearly a major achievement. With the original application being rejected back in 2013, this step marked the thrilling finale of a long-anticipated effort spanning over a decade. Top market players such as BlackRock, ARK Invest and Fidelity turned out to be among the ten issuers that were given permission to list a bitcoin ETF. From now on, investors can delve into the cryptoverse through familiar investment vehicles such as ETFs (exchange-traded funds).
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