#SECETF审批 The approval of Bitcoin spot ETFs by the U.S. Securities and Exchange Commission (SEC) is an important regulatory barometer for the cryptocurrency market. Its core focus is on preventing market manipulation, ensuring the security of asset custody, and protecting investor interests. In the past, the SEC repeatedly rejected applications due to concerns over market transparency, but with traditional financial giants entering the space and the optimization of technological solutions (such as monitoring sharing agreements), several Bitcoin spot ETFs were approved in early 2024, marking a shift towards a more open regulatory attitude, paving the way for institutional funds to enter compliantly, and significantly enhancing the mainstream acceptance of cryptocurrencies.