Day: January 11, 2024

crypto

Bitcoin ETFs Have Arrived. Here’s Who Stands to Get Rich

The US approval of spot bitcoin ETFs, a new way to track the price of bitcoin, could trigger a gold rush for investors. But an exclusive cast of middlemen will earn big in the background, too. US regulators have approved a new breed of financial product that will give people a way to invest in bitcoin through their brokerage for the first time, as if it were a regular stock. A selection of financial institutions, including...