According to a report recently published by Bloomberg, this is what Bitcoin investors have been waiting for.
Bloomberg, U.S. Securities and Exchange Commission (SEC) He emphasized that he will approve the first Bitcoin ETF in the US next week, underlining that this will be a huge moment for the cryptocurrency industry.
SEC To Approve Bitcoin ETF
EXCLUSIVE: The SEC is likely to allow the first US #Bitcoin futures ETF to begin trading next week, in what would be a watershed moment for crypto https://t.co/zWGOfVd2Aa
— Bloomberg (@business) October 15, 2021
The approval of the Bitcoin ETF, which has been expected for years but never came, can definitely change the fate of the crypto money industry.
Shant Manukyan shared this situation and the price immediately saw $59,000.
The SEC’s warning against Bitcoin-focused investments and especially futures contracts 11 hours ago was also noteworthy, and it looks like we may indeed see ETF approval soon.
Before investing in a fund that holds Bitcoin futures contracts, make sure you carefully weigh the potential risks and benefits.
Check out our Investor Bulletin to learn more: https://t.co/AZbrkpfn8F
— SEC Investor Ed (@SEC_Investor_Ed) October 14, 2021