GBTC - Bitcoin ETFs Begin Trading: Tracking The Price Action | Benzinga
The Securities and Exchange Commission approved rule changes this week clearing the way for several Bitcoin (CRYPTO: BTC) ETFs to begin trading. The newly approved ETFs are off to a hot start Thursday morning as the price of Bitcoin surges.
What To Know: The SEC approved 11 bitcoin ETFs for trading late Wednesday. The long-awaited approval comes after the SEC delayed its decision multiple times, asking for changes to be made to applications. The rally in the crypto space in anticipation of approval created expectations for a selloff on the actual news, but the crypto market continues to trend higher.
Here’s a look ...