Bitcoin ETFs: A Long Road to Approval Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, has been the center of attention for the SEC's ETF approvals. Throughout the years, several companies have filed applications for spot Bitcoin ETFs, but none have been successful until now. The SEC has had concerns regarding market manipulation, custody, and price volatility, which have prevented the approval of these products. However, the recent approval of the VanEck Bitcoin ETF and the ProShares Bitcoin ETF has changed the game for the cryptocurrency industry. These ETFs will allow investors to gain exposure to Bitcoin without actually owning the underlying asset, making it a more accessible investment option for traditional investors. Ethereum ETFs: A Faster Route to Approval Ethereum (ETH), the second-largest cryptocurrency, has taken a slightly different route to ETF approval. Instead of spot ETFs, the SEC has approved Ethereum futures ETFs, such as th...
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