Bitcoin ETF Live Updates: US SEC Approves All 11 Spot Bitcoin ETFs, What’s Next?

Bitcoin ETF Live Updates: The US SEC has approved all 11 spot Bitcoin ETFs. After Tuesday’s uproar caused by an erroneous post about Bitcoin ETF approval, the SEC finally accepted spot Bitcoin ETF trading in the U.S. on Wednesday. Some issuers are even preparing to begin trading for their spot Bitcoin ETF on Thursday.

The long-awaited approval was supported by three out of five commissioners, including Gary Gensler. In an official statement he said, “While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin.” Some crypto leaders criticized the SEC’s bureaucratic approval process.

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