#SECETFApproval The U.S. SEC approved spot Bitcoin ETFs in January 2024, marking a major milestone for crypto adoption. These ETFs, offered by firms like BlackRock and Fidelity, allow traditional investors to gain Bitcoin exposure without direct ownership. The approval followed years of rejections due to concerns over market manipulation and custody. Grayscale’s legal victory in 2023 pressured the SEC to reconsider. The decision boosted Bitcoin’s price and institutional interest, signaling regulatory progress. However, risks remain, including volatility and regulatory scrutiny. The SEC’s green light for Ethereum ETFs in 2025 further cemented crypto’s legitimacy in traditional finance, paving the way for broader digital asset adoption.