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The Independent UK
The Independent UK
National
Ken Sweet

Regulators are set to decide whether to OK a new bitcoin fund. Here's what investors need to know

Bitcoin ETF Crypto SEC Internet United States
Copyright 2023 The Associated Press. All rights reserved.

U.S. regulators are soon expected to decide whether to approve the first bitcoin exchange-traded fund, a development that could thrust the once niche and nerdy corner of the internet even further into the financial mainstream.

The regulatory greenlight has been anticipated for several months and the price of bitcoin has jumped about 70% since October.

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