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Expert Analysis

Bitcoin ETF Approval Doesn't Mean SEC Approves Of Crypto

By David Adams, Edmund Daley and Christopher D'Aliso ( February 12, 2024, 4:55 PM EST) -- On Jan. 10, the U.S. Securities and Exchange Commission approved 11 applications for spot exchange-traded funds tracking bitcoin, a landmark moment for the crypto-asset industry that has been over 10 years in the making. Many retail investors can now add bitcoin exposure to their existing investment portfolios with the click of a button, just as easily as they can purchase shares in an ETF tracking the S&P 500 — no crypto wallets or exchanges necessary....

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