US Regulators Approve Bitcoin ETFs, Boosting Cryptocurrency
In a significant move for the cryptocurrency market, US securities regulators have given the green light to a group of bitcoin exchange-traded funds (ETFs). This approval is highly anticipated and is expected to boost the popularity and mainstream acceptance of bitcoin. The decision comes as regulators approved proposals for 11 ETFs to list on major exchanges, including the New York Stock Exchange, “on an accelerated basis,” according to the Securities and Exchange Commission.
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