Bitcoin ETFs Land US SEC Approval. What Are Exchange-Traded Funds? Here's How They Will Benefit Investors

Bitcoin ETFs allow investors to gain exposure to BTC price without directly owning the digital currency.

A Bitcoin ETF represents a financial instrument designed to track the price movements of Bitcoin.

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In a major win for crypto, US regulators have granted approval for the introduction of Bitcoin exchange-traded funds (ETFs), significantly expanding accessibility to the world's most valuable cryptocurrency. On Wednesday, the Securities and Exchange Commission (SEC) declared the effectiveness of crucial filings from various markets seeking to list these innovative products, with their official trading commencement set for Thursday. Following this regulatory nod, the value of bitcoin surged past