Bitcoin ETFs Could Launch This Week. Here's How Much You'll Pay in Fees and Why It Might Be Worth It.
Thirteen spot Bitcoin (CRYPTO: BTC) ETFs are currently awaiting approval from the Securities and Exchange Commission (SEC).
Up to this point, the SEC has denied similar exchange-traded fund (ETF) applications, but an appellate court ruled the SEC's rejection was "arbitrary and capricious."
The approval of a spot Bitcoin ETF would be big news for investors of all sorts. Whether you're heavily invested in crypto or simply stashing money away in a retirement account, it's worth paying attention to the SEC's decision. It could open the door for many more investors to easily put their money to work in the emerging crypto asset class.
Source Fool.com
