The SEC has officially approved Bitcoin ETFs from BlackRock and 10 other companies
The American SEC has made a positive decision on the launch of bitcoin ETFs from BlackRock and other companies. It is expected that these exchange-traded funds will open access to cryptocurrency for a wide range of investors and attract new capital

Securities and Exchange Commission (SEC) The United States has approved the launch of 11 exchange-traded funds (ETFs) investing directly in bitcoin. It is expected that this will be a landmark event for the digital asset sector and will open access to the largest cryptocurrency in the traditional financial market of the United States and beyond.

The SEC has allowed funds from all bidders, including BlackRock and Fidelity Investments, to begin trading shares on the New York Stock Exchange (NYSE), NASDAQ and the Chicago Board Options Exchange (CBOE) from January 11.

What is the importance of a Bitcoin Spot ETF?
Various exchange traded funds (ETFs), including for gold, have assets under management worth trillions of dollars. It is generally believed in the cryptocurrency community that even a small percentage of this capital can affect the global crypto market in the future. After the approval of spot ETFs for bitcoin, the demand for cryptocurrency should grow: when buying shares of funds, it means the supply of bitcoin as an underlying asset, that is, its direct purchase on the market, affecting the exchange rate.

In the USA, after 10 years of refusals, bitcoin ETFs were allowed for the first time.