Mass approvals: SEC green-lights 11 spot bitcoin ETFs

The U.S. Securities and Exchange Commission (SEC) has approved 11 spot bitcoin exchange-traded funds (ETFs) for listing and trading on U.S. stock exchanges.

In a historic move after years of anticipation and regulatory hurdles, the approved spot bitcoin ETFs are expected to start trading Thursday on NYSE Arca, Nasdaq, and Cboe BZX Exchange.

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In the news

Ethereum steals the spotlight

In the 24 hours following the historic announcement of spot bitcoin ETF approvals, the price of bitcoin witnessed stale action.

In striking contrast, ethereum rallied, marking a 9.1% rise on Wednesday, overshadowing bitcoin's underperformance.

Mystery transfer sends $1.19 million in bitcoin to Satoshi Nakamoto
Two days after Bitcoin's 15th anniversary, an unidentified wallet transferred roughly 26.917 bitcoin, valued at $1.19 million, into Satoshi Nakamoto's Genesis wallet.

Originating on Jan. 3, 2009, this wallet has primarily accumulated nominal dust transactions.

US spot bitcoin ETFs rack up $4.6 Billion in trading volume on day 1
U.S. spot bitcoin exchange-traded funds (ETFs) racked up $4.6 billion in total trading volume on their first day of trading.

This is "easily the biggest Day One splash in ETF history," said an ETF analyst.

Robert Kiyosaki increases BTC holdings after spot bitcoin ETF approvals
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he bought additional bitcoin following the approval of spot bitcoin ETFs by the SEC.

The famous author is deeply concerned about the U.S. economy.

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