Good day to all! The financial world is abuzz with the news that Spot Bitcoin ETFs have received approval from the SEC. This is a developing story, and we will be providing live updates over the coming hours.
The news was announced in a rather haphazard manner. The approval document made a brief appearance on the SEC website, only to vanish moments later, leaving behind an “Error 404” message. Despite this hiccup, the news has been confirmed and reactions have started to pour in.
Among the first to respond were Bloomberg stalwarts Eric Balchunas and James Seyffart. Meanwhile, the live YouTube stream is set to begin, where hosts Robert Baggs and Giovanni Pigni will discuss all the developments live and in color.
SEC Chair Gary Gensler has also released the first official statement on the SEC website. In other news, Grayscale Investments, one of the parties vying for spot Bitcoin ETF approval, has published its official notice of approval. More updates on this are expected soon.
Interestingly, the announcement seems to have had little impact on Bitcoin’s price. It appears that many may have anticipated another hoax and held back. This follows a recent hoax that may have been a planned smash-and-grab for today’s announcement.
While Bitcoin is in the spotlight, Ether, another top crypto coin, is also making moves. Stay tuned for updates on the situation with ETH.
Cathie Wood, CEO of ARK Invest, is currently live on Twitter discussing the news. As this story continues to unfold, we will keep you updated with the latest news and comments. Stay tuned!
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | North America |
| Countries | |
| Sentiment | neutral |
| Relevance Score | 1 |
| People | Cathie Wood, James Seyffart, Giovanni Pigni, Robert Baggs, Gary Gensler, Eric Balchunas |
| Companies | Grayscale Investments, Bloomberg, ARK Invest, SEC, Cointelegraph |
| Currencies | Bitcoin, Lido Staked Ether |
| Securities | None |
