The Wall Street Journal

SEC approves Bitcoin ETFs for everyday investors

SEC approves Bitcoin ETFs for everyday investors
(Image: Getty)
The Wall Street Journal
By Vicky Ge HuangThe US Securities and Exchange Commission voted this week to allow mainstream investors to buy and sell bitcoin as easily as stocks and mutual funds, a decision hailed by the industry as a game changer.The Securities and Exchange Commission (SEC) decision clears the way for the first US exchange-traded funds that hold bitcoin to be sold to the public. Expectations of US regulatory approval for such funds drove the price of bitcoin to the highest level in about two years. The digital currency traded just below US$46,000 (NZ...

More Cryptocurrency

IRD issues warning to crypto holders ahead of audits
Finance

IRD issues warning to crypto holders ahead of audits

The IRD has identified 227,000 crypto-asset users in NZ and contacted those at risk.

Staff reporters 04 Jul 2024
$775,000 remains of Cryptopia's $28m in liquid assets
Finance

$775,000 remains of Cryptopia's $28m in liquid assets

$4.9m was spent on the liquidator-developed platform for account holders' claims.

Ben Moore 17 Jun 2024
Is bitcoin legit now?
Cryptocurrency Free Cooking the Books podcast

Is bitcoin legit now?

Has the once-fringe investment finally gone fully mainstream?

Frances Cook 13 May 2024
As Bitcoin climbs, is crypto becoming mainstream?
Markets

As Bitcoin climbs, is crypto becoming mainstream?

'You don’t feel like the freak at the barbecue anymore.'

Gregor Thompson 15 Mar 2024