Quick Take The implicit recognition of Bitcoin as a commodity by the Securities and Exchange Commission (SEC) marks a significant turning point for the digital asset. With the authorization of spot Bitcoin ETFs under NYSE Arca Rule 8.201-E, which governs Commodity-Based Trust Shares, Bitcoin has ascended to the status of the second largest commodity in […]
The post Bitcoin now second largest commodity ETF asset class in US, ahead of Silver appeared first on CryptoSlate.
Originally appeared here:
Bitcoin now second largest commodity ETF asset class in US, ahead of Silver