“SEC Approves Spot Bitcoin ETFs, DOGE Shines as Elon Musk’s X Readies P2P Payments, Ripple Launches Massive Buyback: Crypto News Digest”

SEC Approves Spot Bitcoin ETFs, Opening New Opportunities for Investors

The US Securities and Exchange Commission (SEC) has officially approved several spot Bitcoin exchange-traded funds (ETFs), marking a significant development for the cryptocurrency industry. With these ETFs, investors will now have the opportunity to gain exposure to Bitcoin without the complexities of direct ownership. Among the 11 trusts whose filings have been approved are the Grayscale Bitcoin Trust, Bitwise Bitcoin ETF, and the Hashdex Bitcoin ETF.