SEC Chair Gary Gensler Voted to Approve Spot Bitcoin (BTC) ETFs

Approved providers include financial giants BlackRock (BLK) and Fidelity, while crypto native fund Grayscale’s popular Bitcoin Trust (GBTC) has been uplisted as an ETF as well. Fees on these products range from zero for the first few months (at ARK, Bitwise and Invesco) to as much as 1.5% (at Grayscale).

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