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LIVE! THE BITCOIN SPOT ETF WAS JUST APPROVED!The move gave investors the opportunity for direct exposure to the cryptocurrency rather than secondary exposure via ETFs that invest in Bitcoin. The SEC has already approved plenty of Bitcoin ETFs and other types of crypto exchange-traded funds. But until Wednesday, the market regulator. U.S. regulators approved bitcoin ETFs, dramatically broadening access to the year-old cryptocurrency. The Securities and Exchange Commission.