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Crypto fans are cheering the SEC for expanding access to bitcoin - but critics are sounding the alarm. Chamath Palihapitiya. The SEC approved nearly a dozen spot bitcoin ETFs for the first time on.
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You can opt-out at any time. The US Securities and Exchange Commission just greenlit spot bitcoin ETFs. So far it has approved bitcoin ETF proposals as part of its initial announcement. Approved.
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It was more than a decade in the making, but spot Bitcoin (BTC-6.89%) ETFs are here.. The SEC approved 11 spot Bitcoin ETF applications on Jan. 10 after the market closed, kicking off fierce.
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These are the 11 spot bitcoin ETFs that are available to trade and the fees they are charging investors, as of January 11. Issuer. 0.20% (ex waiver) ARK 21Shares Bitcoin ETF. 0.21% (ex waiver) ARK.
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Analysts have believe SEC approval can help bitcoin extend its strong recent run. Fundstrat's Tom Lee has predicted that spot ETFs will lift the cryptocurrency to $150,000 within 12 months, while.
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Ultimately, the fees on the new spot Bitcoin ETFs are extremely reasonable, even compared to standard index funds. Take for instance the Invesco QQQ Trust , which tracks the Nasdaq 100 index. It.
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