SEC Approves 11 Bitcoin Spot ETFs! Anticipating $4 Billion Inflows as Trading Commences Tomorrow?

In addition to the official documents of the SEC, SEC Chairman Gary Gensler also issued a public statement in which he stated that although the institution he leads has approved a cryptocurrency spot ETF, it does not mean their endorsement of Bitcoin. Instead, the constantly changing market conditions have ultimately compelled the U.S. Securities and Exchange Commission to approve a Bitcoin spot ETF.

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