It is now possible for more Americans to buycryptocurrencies, because U.S. says yes to new ones
The US Securities and Exchange Commission (SEC) has approved Bitcoin spot exchange-traded fund (ETFs), which will allow users to invest in Bitcoin through their brokerage accounts. The company Valkyrie Investments, which successfully applied for the Bitcoin spot ETF, said the SEC’s decision will widen the appeal of cryptocurrencies. This is the first time that an ETF has been approved for Bitcoin.