Bitcoin Just Made History. The Cryptocurrency Could Soar 230% to 340% by 2025, According to Wall Street Analysts
Bitcoin (CRYPTO: BTC) just made history. The U.S. Securities and Exchange Commission (SEC) today approved the first spot Bitcoin ETFs, a watershed moment for Bitcoin and the broader cryptocurrency market.
In total, applications from 11 issuers got the green light from the SEC. A few of those issuers are listed below, along with the relevant fund names and proposed ticker symbols.
The institutions listed above are especially relevant because they collectively have more than $10 trillion in assets under management, meaning their spot Bitcoin ETFs are well positioned to gain traction with retail and institutional investors. In fact, with the exception of Ark Invest, every issuer listed ranks among the 15 largest asset managers in the world, and BlackRock is the single largest.
Source Fool.com
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