Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Chairman of the House Financial Services Committee: The approval of a spot Bitcoin ETF is a historic milestone for the U.S. digital asset ecosystem

Chairman of the House Financial Services Committee: The approval of a spot Bitcoin ETF is a historic milestone for the U.S. digital asset ecosystem

Cointime2024/01/11 00:34
By: Cointime
BTC-1.03%

Patrick McHenry, Chairman of the House Financial Services Committee, and French Hill, Chairman of the Subcommittee on Digital Assets, Financial Technology, and Inclusion, have released a statement regarding the approval of a spot Bitcoin ETF.

Patrick McHenry stated, "Today's approval of a spot Bitcoin ETF marks a historic milestone for the future of the U.S. digital asset ecosystem. While legislation providing clarity and certainty for digital assets is still necessary, today's action is a significant improvement over the SEC's enforcement record, and I am pleased that investors and the market will ultimately have more opportunities to access this generation of technology. We remain committed to strengthening consumer protections in the digital asset market through comprehensive market structure and stablecoin payment legislation."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitget Onchain trading system upgrade completed
Bitget Announcement2025/09/17 03:33
New spot margin trading pair — ZKC/USDT!
Bitget Announcement2025/09/16 06:28

Trending news

More
1
New spot margin trading pairs — SKY/USDT, ALGO/USDT, MERL/USDT!
2
Bitget Onchain trading system upgrade completed

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,597.6
+0.44%
Ethereum
Ethereum
ETH
$4,486.99
+0.94%
XRP
XRP
XRP
$3.02
-0.14%
Tether USDt
Tether USDt
USDT
$1
+0.00%
BNB
BNB
BNB
$949.68
+2.61%
Solana
Solana
SOL
$234.65
+0.57%
USDC
USDC
USDC
$0.9999
-0.04%
Dogecoin
Dogecoin
DOGE
$0.2642
+1.23%
TRON
TRON
TRX
$0.3404
-0.95%
Cardano
Cardano
ADA
$0.8664
+0.38%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter