A Milestone for the SEC and Bitcoin Investors Mutual Fund Minute
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- Business
A divided U.S. Securities and Exchange Commission cautiously heralded a new crypto era, on January 10, 2024, when it approved by a 3 to 2 vote multiple exchange-traded products that invest directly in bitcoin for listing and trading. To get to this point, the Commission followed a long and rocky road. While the Commission’s approval was a cause for celebration in crypto world, and, of course, with bitcoin funds in waiting, it also left many people wondering why this took so long, while others...
A divided U.S. Securities and Exchange Commission cautiously heralded a new crypto era, on January 10, 2024, when it approved by a 3 to 2 vote multiple exchange-traded products that invest directly in bitcoin for listing and trading. To get to this point, the Commission followed a long and rocky road. While the Commission’s approval was a cause for celebration in crypto world, and, of course, with bitcoin funds in waiting, it also left many people wondering why this took so long, while others...
9 min