US Bitcoin ETF Approval: The SEC Bitcoin ETF decision has been made. After a long while, the US SEC has finally approved a Bitcoin ETF – but is it the cryptocurrency ETF that we were hoping for? The approved Proshares Bitcoin futures ETF allows people to invest in Bitcoin futures contracts like stocks, but not actually buy or hold any Bitcoin (which is better). Analysts say the bigger impact will come when a spot Bitcoin ETF approval happens – which with the ball rolling – could happen as early as 2022. Still, a solid step in the right direction for wider crypto adoption.
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US Bitcoin ETF Approval | Crypto News Today with Layah Heilpern