On Wednesday, the U.S. Securities and Exchange Commission (SEC) approved the first US Bitcoin ETF, marking a pivotal moment for the cryptocurrency industry’s decade-long quest for such a product. Despite numerous rejections since 2013, the SEC reconsidered its stance after a court ruled against rejecting Grayscale Investments’ Bitcoin ETF application in August, citing a need The post What Importance Does A US Bitcoin ETF Hold? All Details appeared first on CoinGape .