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SEC False ETF Approval Reveals What�s Next For Crypto! (Why I�m Selling My BTC)
Prometheum plans to announce on Wednesday the launch of custodial services for Ether, the native cryptocurrency of the Ethereum blockchain. Today, the Commission approved the listing and trading of a number of spot bitcoin exchange-traded product (ETP) shares. The SEC has given the green light to 11 exchange traded funds for bitcoin, opening the door to cryptocurrencies for many new investors.

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The move may be part of a larger strategy by the crypto firm to get regulators to identify Ether as a security�a position widely unpopular among industry peers. Cryptocurrency advocates say the development will thrust the once niche and nerdy corner of the internet even further into the financial mainstream. Rideout Douglas Richardson Dr. Reuse this content.