Financial News

The U.S. Securities and Exchange Commission on Wednesday approved rule changes to allow the creation of bitcoin exchange-traded funds in the U.S., a long-awaited move that will give regular investors access to the controversial and volatile cryptocurrency.

NEW YORK (AP) — The Securities and Exchange Commission reluctantly approved the first exchange-traded funds that hold bitcoin Wednesday, saying it is still deeply skeptical about cryptocurrencies and that the SEC “did not approve or endorse bitcoin”

The SEC approved applications, including from BlackRock, Ark Investments and 21Shares, Fidelity, Invesco, and VanEck, among others, according to a notice on its website.

In the ever-evolving landscape of online gambling, Bitcoin casinos have emerged as a unique and influential player.

A false post on X saying the US securities regulator had approved exchange-traded funds to hold Bitcoin has prompted concerns about the platform's security.

'It really shows the breadth and frequency of cyberattacks,' said Kurt Gottschall, a partner at law firm Haynes Boone and former SEC regional director.

A highly anticipated decision by the US market regulator on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident.

Market participants were caught off guard by the false statement, with the SEC widely expected by analysts to announce a decision Wednesday.

A highly anticipated decision by the US market regulator on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident.

A highly anticipated decision by the US market regulator on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident.

A highly anticipated decision by the US market regulator on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident.

It has sparked an investigation by US authorities into how a social media account at Wall Street’s main regulator was compromised.