#BitcoinReserveDeadline
Regulatory Breakthrough: SEC Finally Approves Spot Bitcoin ETF!
Today, May 6, 2025, the U.S. Securities and Exchange Commission (SEC) has officially greenlit the launch of the first-ever spot Bitcoin ETF. This decision, awaited by the industry for over a decade, marks a pivotal step toward mass institutional adoption of cryptocurrencies.
Following the news, Bitcoin surged by 18%, reaching $120,000, while the cryptocurrency market capitalization has hit a new all-time high. The SEC Chair stated: *“This marks the beginning of a new era for digital assets, blending innovation with investor protection.”*
Changpeng Zhao (CZ), CEO of Binance, commented: *“The ETF opens doors for millions of traditional investors. We’re excited to offer trading for this instrument on Binance Financial starting tomorrow.”*
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