The U.S. Securities and Exchange Commission confirms, BTC ETFs have been approved💡

The price of Bitcoin has again initially risen slightly on news that the U.S. Securities and Exchange Commission (SEC) has decided to allow spot Bitcoin ETF applications from all, 11 funds applying to create them. Earlier, information about the start of trading in ETFs as early as tomorrow was reported by the CBOE. However, the SEC's homepage has stopped working and we see no official information from the US regulator, including on the X platform. Users managed to record part of the PDF document, which eventually disappeared due to technical problems.

Updated at 09:30 pm GMT. The SEC has confirmed reports of ETF approval. You can find the full SEC message here.

"While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin." - Gary Gensler

Bitcoin is losing slightly at the moment, but the reaction in this case is almost negligible. Ethereum, on the other hand, is seeing clear gains and the cryptocurrency is breaking out to new local highs. Source: xStation

Source: xStation