The president of El Salvador is celebrating the BTC ETF approval via social media. He made sure to tell people that they got in way before BlackRock. Check out his tweet below.
El Salvador on spot BTC ETF approval
Here’s the tweet that he shared on his social media account:
So, we got in way before BlackRock 🤷🏻♂️
— Nayib Bukele (@nayibbukele) January 10, 2024
A lot of people hopped in the comments to praise the President. Someone said: “We sure did, and El Salvador was essentially leading the charge against the American grifters from hell. Thank you.”
People are cheering all over X following the spot BTC ETF approval, pointing out the fact that we are also about to witness Bitcoin halving soon.
There has been just a boom in the crypto space as the SEC decided to eventually approve the spot Bitcoin ETFs.
The SEC Chair Gary Gensler issued the following statement about this huge announcement:
JUST IN: 🇺🇸 SEC Chair Gary Gensler issues statement on Spot #Bitcoin ETF approval.
"While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin." pic.twitter.com/kuP2oeRaX9
— Watcher.Guru (@WatcherGuru) January 10, 2024
The U.S. Securities and Exchange Commission (SEC) recently approved all Spot Bitcoin ETF applications, marking a significant milestone in the world of finance. This decision will allow Bitcoin exchange-traded funds to be traded on the markets for the first time.
SEC Chair Gary Gensler issued a statement in response to previous court orders regarding the SEC’s decision on the Spot Bitcoin ETF applications.
In the statement, Gensler emphasizes that the SEC has “reluctantly” approved these applications but recognizes the significance of this move in the financial industry.
“Based on these circumstances and those discussed more fully in the approval order, I feel the most sustainable path forward is to approve the listing and trading of these spot bitcoin ETP shares,” Gensler says.