CoinWorld news, the U.S. Securities and Exchange Commission (SEC) has approved 11 Bitcoin spot ETF applications, including products from institutions such as BlackRock and Ark Invest. The approved ETFs will be listed and traded on exchanges like Nasdaq and the New York Stock Exchange. SEC Chairman Gensler emphasized that approval does not equate to endorsement of Bitcoin, and investors should remain cautious. This is an important milestone for the cryptocurrency industry and is expected to attract more institutional funds into the Bitcoin market.