✔️Weekly Recap: SEC Approves Spot Bitcoin ETFs

The Defiant

Weekly Recap

Happy weekend Defiers!

Spot Bitcoin ETFs are finally available in the United States after the SEC approved offerings from 11 issuers on Wednesday.

Though the decision was widely anticipated, the week began with drama as the SEC's X account was 'compromised,' posting about the approval a day earlier. A bout of volatility ensued amid the ETHBTC ratio slumping to a multiyear low.