The US Securities and Exchange Commission (SEC) has approved “a number” of Bitcoin ETFs, sending the cryptoasset market into a frenzy.
There was some confusion over the announcement after a hacked ‘X’ account earlier in the week led to the news being leaked earlier than planned.
This move has been described as a “coming of age” moment for the digital asset space, by wealth managers.
Harry Rogers, a director at Bentley Reid, said: “For the fi...