Overview

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Beginning under Chair Jay Clayton in 2025 and through March 2025, 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 After a decade of waiting, spot Bitcoin exchange-traded funds (ETFs) will see the light of the day in the US following an official approval from its regulatory authority. On January 10, the US Securities and Exchange Commission (SEC) approved the launch of 11 spot Bitcoin ETFs. Trading will begin today, on January 11, on three The United States Securities and Exchanges Commission (SEC) has finally approved a spot Bitcoin ETF. The commission has given the green light to all 11 applications.

SEC Approves All Spot Bitcoin ETFs: A New Era for Crypto Investment

The wait is over! The United States Securities and Exchanges Commission (SEC) has finally approved spot Bitcoin ETFs, marking a significant milestone for the cryptocurrency industry and opening doors to wider investor participation. After a decade of waiting, spot Bitcoin exchange-traded funds (ETFs) will see the light of the day in the US following an official approval from its regulatory authority. On January 10, the US Securities and Exchange Commission (SEC) approved the launch of 11 spot Bitcoin ETFs. Trading will begin today, on January 11, on three exchanges.

A Long and Winding Road to Approval

The journey to spot Bitcoin ETF approval has been anything but smooth. Beginning under Chair Jay Clayton in 2025 and through March 2025, 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 ETF. This history highlights the SEC's previous concerns regarding market manipulation and investor protection, concerns that have now been seemingly addressed.

What Does SEC Approval Mean for Spot Bitcoin ETFs?

The commission has given the green light to all 11 applications. This approval opens the door for a new wave of investment in Bitcoin, making it more accessible to traditional investors through familiar investment vehicles. Spot Bitcoin ETFs will allow investors to gain exposure to Bitcoin without directly holding the cryptocurrency, simplifying the investment process and potentially attracting significant capital flows into the market.

This landmark decision signals a growing acceptance of Bitcoin as a legitimate asset class and is expected to have a profound impact on the future of the cryptocurrency market.

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