Bitcoin ETFs: What does US SEC's approval mean for future of crypto investors?
The U.S. Securities and Exchange Commission approved 11 exchange-traded funds (ETF) that hold Bitcoin on Wednesday night, paving the way for those companies to begin trading Thursday morning and bringing the cryptocurrency more into mainstream American markets.
ETFs give every day investors a way to get in on trading without having to actually own things like gold or Bitcoin, and they trade like stocks, meaning you can buy and sell them throughout the day.
As Sean Previl explains, this could mean big things for cryptocurrency and because of the ETF structure, an easier way for people to invest in crypto.
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