SEC approves all 11 spot Bitcoin ETFs in a seminal moment for crypto

Yesterday marked a milestone on Bitcoin’s timeline with the U.S. SEC approving all 11 spot Bitcoin ETF applications from 14 asset managers. Trading is set to begin as early as today, so let’s walk you through what happened yesterday, why this decision is of monumental importance to Bitcoin, and what those opposing the applications had to say.

Further reading:

• The SEC approves the spot Bitcoin ETF applications (for real this time) — Why this is a monumental moment for crypto.
• SEC did not ‘approve or endorse Bitcoin’ with spot BTC ETF nod — Gary Gensler
• From Better Markets to Peter Schiff: The backlash over the spot Bitcoin ETF approvals
• Is there now a clear path to spot Ether ETFs?

So, grab yourself a coffee, and let’s get into it!

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