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SEC Approves Crypto Stock ETF

SEC Approves Crypto Stock ETF

The SEC approved an ETF providing indirect exposure to bitcoin via companies with bitcoin exposure last week, Coindesk reports.  The Volt Crypto Industry Revolution and Tech ETF will track publicly listed companies that either derive the majority of their profits through bitcoin mining, mining equipment manufacturing, bitcoin transactions (such as Marathon Digital Holdings), or that hold the majority of their net assets in bitcoin (such as Microstrategy).

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