SEC Approves 11 Bitcoin Spot ETFs Will Tomorrows Trading Debut Bring in 4 Billion in Funds

In addition to the official documents from the SEC, SEC Chairman Gary Gensler also issued a public statement, indicating that although the agency he leads has approved a cryptocurrency spot ETF, it does not mean they endorse Bitcoin. Rather, the evolving market conditions have compelled the U.S. Securities and Exchange Commission to ultimately approve a Bitcoin spot ETF.