As the Securities and Exchange Commission (SEC) breaks a decade-long impasse by approving the listing and trading of spot Bitcoin exchange-traded funds (ETFs), the decision is met with mixed reactions within the commission.
The historic Spot Bitcoin ETF approval Wednesday was accompanied by a statement by SEC Chairman Gary Gensler stressing the agency "did not approve or endorse Bitcoin."
The Bitcoin ETF saga took an unexpected twist on Wednesday. While the market eagerly awaited the regulator’s approval of the Bitcoin ETF, the Securities and Exchange Commission (SEC) announced that the Federal Bureau of Investigation is probing into the hack of the SEC’s X account that occurred the day before.
Ripple Labs (CRYPTO: XRP) is set to repurchase $285 million of its shares from early investors and employees, reflecting the company's robust financial standing and