A false statement saying the regulator had approved a bitcoin ETF was published Tuesday on the SEC's social media account on X, formerly known as Twitter.
CNBC runs through everything you need to know about the bitcoin ETF milestone.
As crypto investors look to assess what the market impact of a bitcoin ETF might be, many are comparing Wednesday's news to the greenlighting of the SPDR Gold Shares ETF — the first-ever spot gold ETF — in 2004.
A bitcoin ETF opens up the audience of people and institutions that can buy and sell bitcoin to those with little experience trading cryptocurrency.
"There is now a U.S. bitcoin spot ETF, and bitcoin is no longer considered shady or infamous.
Persons:
Vijay Ayyar, Ayyar, Kevin de Patoul
Organizations:
. Securities, Exchange, U.S, Ark, Twitter, CNBC, —
Locations:
BlackRock, Invesco, U.S