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Spot Bitcoin ETFs Receive SEC Approval, Will Start Trading Tomorrow

Mary Liu

Summary: In the late Wednesday, the U.S. Securities and Exchange Commission (SEC)  approved 11 spot Bitcoin ETFs, including BlackRock, VanEck, Bitwise, Fidelity, Franklin Templeton, Valkyrie, Hashdex, ARK 21Shares, Grayscale, WisdomTree, and Invesco Galaxy. Stimulated by this news, Bitcoin rose to $47,000, a 24-hour increase of 1.8%. According to Bloomberg ETF analyst James Seyffart, the 19b-4 documents ...

In the late Wednesday, the U.S. Securities and Exchange Commission (SEC)  approved 11 spot Bitcoin ETFs, including BlackRock, VanEck, Bitwise, Fidelity, Franklin Templeton, Valkyrie, Hashdex, ARK 21Shares, Grayscale, WisdomTree, and Invesco Galaxy.

Stimulated by this news, Bitcoin rose to $47,000, a 24-hour increase of 1.8%.

According to Bloomberg ETF analyst James Seyffart, the 19b-4 documents have been approved, the approval of the S-1 documents is being confirmed one by one, and these Bitcoin spot ETFs will indeed start trading tomorrow without further steps.

By Mary Liu

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