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Bitcoin mining profitability poised for surge as spot ETFs gain approval

Bitcoin Mining ETF SEC Platts the US Securities and Exchange Commission United States SP Global Commodity Insights
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New Delhi: Bitcoin mining is expected to witness a significant boost in profitability following the approval of Bitcoin Spot ETFs by the US Securities and Exchange Commission (SEC) on January 10.
According to S&P Global Commodity Insights, the long-awaited decision has created a ripple effect in the Bitcoin community, with trading of these ETFs set to commence on January 11 on major platforms such as Cboe, NASDAQ, and NYSE.

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