Bitcoin (BTC) Reaches $49,000 As Spot ETFs Kick Off Trading in the US After SEC Approval

Bitcoin (BTC) is skyrocketing after the U.S. Securities and Exchange Commission (SEC) approved a slew of bids to create spot market BTC exchange-traded funds (ETFs). The highly anticipated move by the regulatory agency – which saw it approve the applications of several marquee firms such as BlackRock (IBIT), Fidelity (FBTC), Invesco (BTCO), ARK Invest (ARKB), The post Bitcoin (BTC) Reaches $49,000 As Spot ETFs Kick Off Trading in the US After SEC Approval appeared first on The Daily Hodl .