SEC Drops the Bomb: Approves Bitcoin ETFs, Markets Skyrocket

in #btc5 years ago

Crypto-ETF-Wont-Be-Approved-Any-Time-Soon-According-to-SEC-Commissioner-696x449.jpg

VanEck and Bitwise will be launching Bitcoin ETFs early next month following an emergency meeting the SEC held Saturday.
Rachel McIntosh | News (CryptoCurrency) | Monday, 01/04/2019 | 07:37 GMT+1

Photo: Rachel McIntosh
In a shockingly sudden decision, the United States Securities and Exchange Commission has made the decision to approve not one, but two applications for Bitcoin-based exchange traded funds (ETFs.) Early next month, Bitcoin ETFs will be launched by Bitwise Asset Management and investment management firm VanEck.