Did SEC approve a spot bitcoin exchange-traded X account?
Could you please clarify whether the SEC has officially granted approval for a spot bitcoin exchange-traded X account? I'm interested in understanding the regulatory status of such an account and whether it has been authorized for trading on regulated exchanges. Could you provide any insight into this matter? Additionally, would this approval potentially pave the way for more cryptocurrency-related products to be listed and traded on traditional financial markets? I'm keen to hear your thoughts on this developing trend in the crypto space.