Statement on the Approval of Spot Bitcoin Exchange-Traded …
Beginning under Chair Jay Clayton in 2018 and through March 2023, the Commission disapproved more than 20 exchange rule filings for spot bitcoin ETPs. One of those filings, made by Grayscale, contemplated the conversion of the Grayscale Bitcoin Trust into an ETP.
Crypto Assets - SEC.gov
Oct 10, 2024 · The Securities and Exchange Commission filed an action against BitConnect, an online crypto lending platform, its founder Satish Kumbhani, and its top U.S. promoter and his affiliated company, alleging that they defrauded retail investors out of $2 billion through a global fraudulent and unregistered offering of investments into a program ...
Spot Bitcoin ETFs Are Approved by SEC, Cleared To Start ... - Investopedia
Jan 10, 2024 · Spot bitcoin exchange-traded funds (ETFs) are cleared to begin trading Thursday after receiving regulatory approval on Wednesday from the U.S. Securities and Exchange Commission (SEC).
SEC has approved Bitcoin ETFs. Here’s what you need to know
Jan 11, 2024 · The new exchange-traded funds, or ETFs, give investors an asset that closely tracks the price of bitcoin. The Securities and Exchange Commission approved 11 funds from asset managers such as Blackrock, Invesco and Fidelity late Wednesday. The wave of approvals may work in your favor as fund managers seek to attract investors by competing on fees.
On January 10, 2024, the Securities and Exchange Commission (SEC) approved 11 spot Bitcoin exchange-traded product (ETP) Rule 19b-4 applications. U.S. Bitcoin ETP proposals first appeared more than a decade ago, but these were the first spot Bitcoin ETPs (as opposed to Bitcoin futures ETPs, explained in more detail below) to be approved.
SEC approves bitcoin ETFs for some investment firms - CNN
Jan 10, 2024 · Bitcoin has been a volatile asset class. ETFs will make the cryptocurrency more accessible to Main Street investors. After a false start Tuesday, the Securities and Exchange Commission gave...
US approves first spot bitcoin ETF applications for 11 issuers
Jan 10, 2024 · After a number of denials over the years, the U.S. Securities and Exchange Commission has approved all 11 applications from spot bitcoin ETF issuers, marking a potential watershed moment...
SEC approve new bitcoin funds | AP News - Associated Press News
Jan 11, 2024 · The Securities and Exchange Commission has reluctantly approved trading of the first exchange-traded funds that hold bitcoin. But the agency said Wednesday that it is still deeply skeptical about cryptocurrencies and did not approve or endorse bitcoin in its decision.
SEC approves rule changes that pave the way for bitcoin ETFs
Jan 10, 2024 · The U.S. Securities and Exchange Commission on Wednesday approved rule changes to allow the creation of bitcoin exchange-traded funds in the U.S., a long-awaited move that will give regular...
SEC Approves New Bitcoin ETFs, in Boon for Crypto Industry - The …
Jan 10, 2024 · The Securities and Exchange Commission authorized 11 applications to offer exchange-traded funds tied to Bitcoin, a potentially simpler way for people to invest in digital assets....