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SEC gives bitcoin ETFs the green light
New York (CNN) — After a false start Tuesday, the Securities and Exchange Commission gave its approval Wednesday for some investment companies to offer “spot bitcoin” exchange-traded funds.
Posted — UpdatedBy Jeanne Sahadi, CNN
CNN — New York (CNN) — After a false start Tuesday, the Securities and Exchange Commission gave its approval Wednesday for some investment companies to offer “spot bitcoin” exchange-traded funds.
The regulator’s highly anticipated move is expected to make bitcoin investing more accessible to Main Street investors, without requiring them to own the digital asset directly.
This is a developing story and will be updated.
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