SEC Approves All 11 Bitcoin Spot ETF Applications, Trading Begins Tomorrow - "Importantly, today’s Commission action is cabined to ETPs holding one non-security commodity, bitcoin. It should in no way signal the Commission’s willingness to approve listing standards for crypto asset securities." - "We squandered a decade of opportunities to do our job. If we had applied the standard we use for other commodity-based ETPs, we could have approved these products years ago, but we refused to do so until a court called our bluff."

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SEC Approves 11 Bitcoin Spot ETF Applications (Updated)

The U.S. Securities and Exchange Commission has approved 11 (out of 14) spot bitcoin exchange-traded funds, including those of Grayscale, Bitwise, ...