"We've long believed a spot-priced exchange traded-product would be an efficient way for investors to gain exposure to bitcoin," she said. "As a firm, we remain committed to meeting the growing demand from investors by providing them with tools that support their choices and facilitate secure access to markets."
Similarly, a spokesperson for Cboe Global Markets said the ETFs would give investors "a transparent and regulated" way to track bitcoin's price. "The approval signifies a major step forward in establishing crypto as a tradeable asset class, paving the way for new trading opportunities."
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