According to the report Outlook

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The chairman said in a statement at the time that the approval only applies to Bitcoin and should not be taken as a sign that regulators are ready to approve other listed securities. "While we have approved the listing and trading of certain spot Bitcoin stocks today, we have not approved or endorsed Bitcoin." Investors should remain cautious about the numerous risks associated with Bitcoin and products whose value is tied to the cryptocurrency.

People across the cryptocurrency industry welcomed the austria consumer email list approval. Its CEO told Spot in a statement released in March that it has been important to open Bitcoin to a wider range of investors. We look forward to working with asset allocators as they incorporate this new asset class into their portfolios and models, significantly increasing the number of investors who can hold exposure.

President-elect Donald Trump’s victory in March sparked a cryptocurrency rally as Trump was seen as a more crypto-friendly candidate, at odds with President Joe Biden’s performance in some high-profile The contrast with efforts to crack down on the industry in the wake of the scandal is stark. Recommended Crypto-focused fintech hot spots in outlook Profits and platforms may be more important than ever in bear market Bull market and regulations shape crypto’s aspirations Still a long way to go