Heavyweight! SEC Approves 11 Spot Bitcoin ETFs for Listing

Beijing time, January 11, the U.S. Securities and Exchange Commission (SEC) documents show that the SEC approved the listing of 11 spot bitcoin ETFs, and the approved ETFs will begin trading on Thursday (January 11), local time. The approved spot bitcoin ETF issuers include Grayscale, Bitwise, Hashdex, iShares, Valkyrie, Ark 21Shares, Invesco Galaxy, Vaneck, WisdomTre, Fidelity and Franklin. on the same day, the SEC The Chairman of the SEC also released a statement on its website saying that despite approving the listing and trading of a number of spot Bitcoin ETFs, the SEC had not "approved" or endorsed Bitcoin. Investors should remain cautious about cryptocurrencies. Approval of Spot Bitcoin ETFs Will Bring More Regulation: The SEC's approval does not mean that it endorses cryptocurrency trading. Following the approval of the spot bitcoin ETF, bitcoin briefly rose above $47,000 in a relatively muted rally. At press time, the bitcoin price was still oscillating at the $46,000 level.

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