US SEC approves Bitcoin ETFs
Shortpedia
Content Team
Image Credit: linkedin
The US Securities and Exchange Commission (SEC) has approved the first US-listed exchange-traded funds (ETFs) for Bitcoin, marking a major milestone for the cryptocurrency world. This decision followed a chaotic 24 hours, during which a tweet from the SEC's X account falsely announced the approval of Bitcoin ETFs. The news caused Bitcoin's price to surge by over $1,000 before the SEC clarified that its account was hacked.
