- Applications for all 11 spot Bitcoin ETFs have been expeditiously approved.
- The founder of Grayscale has confirmed it, and the initial announcement has been unarchived.
Finally, a spot Bitcoin ETF has received approval from the Securities and Exchanges Commission (SEC) of the United States. All eleven of the applications have received approval from the commission. Blackrock, Valkyrie, Franklin, Bitwise, Fidelity, Hashdex, Ark Invest, Grayscale, WisdomTree, Van Eck, and Invesco Galaxy filed these applications.
CryptoCaster Quick Check:
Notably, Grayscale was the first to confirm approval, with its founder, Barry Silbert, reposting messages of congratulations for the company’s efforts. Additionally, the SEC has restored the link to its announcement on its website, which states that all spot Bitcoin exchange-traded funds have been approved “on an accelerated basis.” As early as tomorrow, these products will be traded, and CBOE will quickly make corrections regarding their listing.
The announcement read:
“IT IS THEREFORE ORDERED, pursuant to Section 19(b)(2) of the Exchange Act,87 that the Proposals (SR-NYSEARCA-2021-90; SR-NYSEARCA-2023-44; SR-NYSEARCA- 2023-58; SR-NASDAQ-2023-016; SR-NASDAQ-2023-019; SR-CboeBZX-2023-028; SR- CboeBZX-2023-038; SR-CboeBZX-2023-040; SR-CboeBZX-2023-042; SR-CboeBZX-2023- 044; SR-CboeBZX-2023-072) be, and hereby are, approved on an accelerated basis.”
Bitcoin ETF approval announced with brief notice
Stay in the know on crypto by frequently visiting Crypto News Today
Notably, Grayscale was the first to confirm approval, with its founder, Barry Silbert, reposting messages of congratulations for the company’s efforts. Additionally, the SEC has restored the link to its announcement on its website, which states that all spot Bitcoin exchange-traded funds have been approved “on an accelerated basis.” As early as tomorrow, these products will be traded, and CBOE will quickly make corrections regarding their listing.
Notably, the price of Bitcoin (BTC) has not changed as a result of the announcement yet. With a market capitalization of $891 billion, BTC was trading at $45.567, per CoinMarketCap. Over the last day, there hasn’t been any noticeable movement on the coin. The coin has grown by more than 6%, according to the 7-day chart.
If this article brought you clarity, insight, or value—support the work that made it possible.
At CryptoCaster, we report on Web3, crypto markets, and institutional finance with no billionaire owners, no shareholders, and no hidden agenda. While mainstream media bends toward Elon Musk, BlackRock, and JPMorgan narratives, we stay focused on what matters: truth, transparency, and the public interest.
We don’t just cover the headlines—we investigate the power structures behind them. From FTX and Ripple to the quiet push for CBDCs, we bring fearless reporting that isn’t filtered by corporate interests.
CryptoCaster is 100% paywall-free. Always has been. To keep it that way, we depend on readers like you.
If you believe independent crypto journalism matters, please contribute—starting at just $1 in Bitcoin or Ether. Wallet addresses are below.
Your support keeps us free, bold, and accountable to no one but you.
Thank you,
Kristin Steinbeck
Editor, CryptoCaster
Please Read Essential Disclaimer Information Here.
© 2024 Crypto Caster provides information. CryptoCaster.world does not provide investment advice. Do your research before taking a market position on the purchase of cryptocurrency and other asset classes. Past performance of any asset is not indicative of future results. All rights reserved.
Contribute to CryptoCaster℠ Via Metamask or favorite wallet. Send Coin/Token to Addresses Provided Below.
Thank you!
BTC – bc1qgdnd752esyl4jv6nhz3ypuzwa6wav9wuzaeg9g
ETH – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
CRYPTOCASTER HEATMAP
