The U.S. securities regulator on Wednesday approved the first U.S.-listed exchange traded funds (ETFs) to track bitcoin, in a watershed for the world’s largest cryptocurrency and the broader crypto industry.
The Securities and Exchange Commission said it approved 11 applications, including from BlackRock
Fidelity, Invesco and VanEck, despite warnings from some officials and investor advocates that the products carried risks.
Bitcoin ETF approved in US is a new milestone for the crypto world. This would make a global trend for crypto investment and a professional view on digital asset.