After getting the "blessings" of the SEC, Wall Street is turning Bitcoin into an asset, a store of wealth. It has launched a dozen Bitcoin ETFs, which allow investors to hold and trade Bitcoin with the same ease as other assets like stocks and bonds.
"The SEC's approval of a spot Bitcoin ETF renders the asset class an accredited financial product, making it far more accessible to the masses," Jesper Johansen, Founder and CEO of Northstake, said.
