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Are there any other regulatory bodies that have approved a Bitcoin ETF?

avatarSoo KuDec 29, 2021 · 3 years ago1 answers

Can you provide information on any other regulatory bodies besides the SEC that have approved a Bitcoin ETF? What is the current status of Bitcoin ETF approval by these regulatory bodies?

Are there any other regulatory bodies that have approved a Bitcoin ETF?
Bitcoin
ETF
Regulatory Bodies

1 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, besides the SEC, the Ontario Securities Commission (OSC) in Canada has approved the Purpose Bitcoin ETF. This ETF is designed to provide investors with exposure to Bitcoin without the need to directly hold the cryptocurrency. The approval of the Purpose Bitcoin ETF by the OSC is a significant development in the cryptocurrency market, as it is the first Bitcoin ETF to receive regulatory approval in North America. This approval opens up new opportunities for investors who are interested in gaining exposure to Bitcoin through a regulated investment vehicle. It will be interesting to see if other regulatory bodies follow suit and approve Bitcoin ETFs in the future.

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