{"id":86496,"date":"2023-11-14T01:30:58","date_gmt":"2023-11-14T06:30:58","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86496"},"modified":"2023-11-14T01:11:45","modified_gmt":"2023-11-14T06:11:45","slug":"spot-bitcoin-etf-approval-by-the-sec-is-approaching-what-that-means-for-investors","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2023\/spot-bitcoin-etf-approval-by-the-sec-is-approaching-what-that-means-for-investors.html","title":{"rendered":"Spot bitcoin ETF approval by the SEC is approaching&#8230; What that means for investors"},"content":{"rendered":"\n<p>(CNBC) Last week, the price of bitcoin notched an <a href=\"https:\/\/www.cnbc.com\/2023\/11\/09\/bitcoin-tops-37000-for-the-first-time-in-18-months-as-optimism-about-a-forthcoming-etf-builds-.html\">18-month high<\/a>, climbing to $37,970, after <a href=\"https:\/\/www.cnbc.com\/quotes\/BLK\/\">BlackRock<\/a> took <a href=\"https:\/\/www.cnbc.com\/2023\/11\/09\/blackrock-appears-to-take-first-steps-toward-an-ether-etf.html\">first steps<\/a> toward an ether ETF. The price of bitcoin has more than doubled since the start of 2023, but it\u2019s still well below its November 2021 peak. At least nine asset management firms \u2014 including BlackRock, WisdomTree, Valkyrie and others \u2014 are waiting for Securities and Exchange Commission approval to <a href=\"https:\/\/www.cnbc.com\/2023\/11\/09\/a-bitcoin-etf-seems-to-be-just-around-the-corner-how-will-financial-advisors-react.html\">issue a spot bitcoin ETF<\/a>. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/11\/13\/spot-bitcoin-etf-approval-is-approaching-experts-say-what-to-know.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Last week, the price of bitcoin notched an 18-month high, climbing to $37,970, after BlackRock took first steps toward an ether ETF. The price of bitcoin has more than doubled since the start of 2023, but it\u2019s still well [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86496","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=86496"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86496\/revisions"}],"predecessor-version":[{"id":86497,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86496\/revisions\/86497"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}