Approval of spot Bitcoin ETFs
The approval of spot Bitcoin ETFs by the SEC marked a crucial milestone, boosting the legitimacy of the crypto industry and enhancing mainstream acceptance of Bitcoin.
An ETF is an investment product representing a wrapper for a single asset or basket of assets like stocks or bonds. Traded on stock exchanges, ETFs offer investors a convenient way to access diversified portfolios without buying individual securities. They provide liquidity, flexibility and transparency, with prices changing throughout the trading day