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International Business Times
International Business Times
Business
AFP News

UNBELIEVABLE: Us regulators authorize first bitcoin funds on public markets - Caught on Camera

Bitcoin prices have risen in anticipation of US regulatory approval of exchange traded funds (Credit: AFP)

US securities regulators gave the green light Wednesday to a group of bitcoin exchange-traded funds, a keenly anticipated decision expected to boost the cryptocurrency.

Regulators approved proposals for 11 ETFs to list on leading exchanges including the New York Stock Exchange "on an accelerated basis," the Securities and Exchange Commission said in a 22-page order.

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