Local brokers rush to open access to bitcoin ETF after SEC approval
Some of the country’s largest retail brokers are working to allow local investors access to bitcoin spot price ETFs launching in the United States after they were approved by the Securities and Exchange Commission.
The long-awaited go-ahead for the controversial products, rejected before by the market regulator, is expected to fuel interest in cryptocurrencies. Local exchanges reported that trading volumes for bitcoin and other currencies had more than doubled on Thursday, although the price remained steady.
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