By Tom Westbrook, Elizabeth Howcroft and Chibuike Oguh
In a significant policy shift, the U.S. Securities and Exchange Commission (SEC) has approved the first Bitcoin futures exchange-traded fund (ETF), marking a milestone for cryptocurrency integration into mainstream finance. This decision is seen as a major victory for the crypto industry, potentially paving the way for increased institutional investment and broader acceptance of digital assets. Following the announcement, Bitcoin’s price experienced a notable surge, reflecting market optimism about the future of cryptocurrency regulation and investment opportunities.
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