grayscale investments

SEC approves first bitcoin investment funds after false start

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SEC approves first bitcoin investment funds after false start

The Securities and Exchange Commission (SEC) approved nearly a dozen exchange-traded funds (ETFs) holding bitcoin on Wednesday, the first time the agency has permitted the trading of funds directly invested in a cryptocurrency. The SEC approved 11 spot bitcoin ETFs from several major companies, including BlackRock, Fidelity and Grayscale Investments, as it faced down a … Read more

Win Over SEC Ups Chances for Bitcoin ETF Approval

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Grayscale Investments’s court victory over the Securities and Exchange Commission (SEC) on Tuesday sent cryptocurrency prices soaring, as the market eyes a ruling that may allow the first ever cryptocurrency-based exchange-traded fund (ETF). If Grayscale’s bitcoin ETF gets approved, it would be the first time a cryptocurrency is directly tradable on the traditional stock market … Read more