SEC Approves Bitwise 10 Crypto ETF, Opening Doors for Institutional Investment in Crypto

The U.S. Securities and Exchange Commission (SEC) has approved the Bitwise 10 Crypto Index ETF for trading on NYSE Arca, a significant step forward in regulating access to crypto assets for institutional investors. This approval signals increased acceptance of digital currencies in the financial world and could potentially boost demand for Bitcoin and Ethereum, opening new avenues for participation within regulated markets.