Source: DALL\u00b7E<\/p>\n
To better integrate cryptocurrencies into traditional finance, Robinhood CEO Vlad Tenev announced that the platform will list the newly approved<\/a> spot Bitcoin exchange-traded funds<\/a> (ETFs) swiftly.<\/p>\n According to Tenev\u2019s recent social media post<\/a>, Robinhood is excited about the Securities and Exchange Commission<\/a>\u2019s final decision approving the first Bitcoin ETFs. Robinhood as a platform has long integrated crypto trading into its service and now plans to include buying and selling Bitcoin ETFs, too.<\/p>\n <\/span> Exciting update from Washington today! As a pioneer in offering spot crypto trading, Robinhood is thrilled about the @SECGov<\/a>\u2018s decision to approve spot Bitcoin ETFs. We\u2019ve been ahead of the curve in crypto access, and we plan to list these ETFs on @Robinhoodapp<\/a> as soon as\u2026<\/p>\n \u2014 Vlad Tenev (@vladtenev) January 10, 2024<\/a><\/p>\n The listing of Bitcoin ETFs on major U.S. exchanges signifies the option and opportunity for the investors to diversify their investments by purchasing regulated exchange-traded crypto products.<\/p>\n While established finance institutions became Bitcoin ETF issuers, the traditional finance industry coincides and gradually embraces the crypto world.<\/p>\n \u201cThis milestone enhances the integration of cryptocurrencies with traditional finance,\u201d said Tenev. \u201cIt not only offers clarity but also opens avenues for sophisticated risk management tools that benefit our customers in managing their digital asset investments.\u201d<\/p>\n <\/span> \u201cThe significance of this moment cannot be overstated,\u201d said Ripple CEO Brad Garlinghouse. \u201cCongrats to all who have worked to get Bitcoin spot ETFs approved!\u201d<\/p>\n Coinbase<\/a>\u2019s executives credited Grayscale for their endeavors pushing the regulatory landscape forward. \u201cGrayscale deserves a huge amount of credit for today, pushing this through the courts,\u201d said Coinbase CEO Brian Armstrong.<\/p>\n We should all be grateful to @Grayscale<\/a> for pushing back against the SEC\u2019s arbitrary and capricious behavior, and clearing the way to get these spot BTC ETFs over the finish line. And of course to the DC Circuit, for affirming that the rule of law must prevail over politics. 2\/3<\/p>\n \u2014 paulgrewal.eth (@iampaulgrewal) January 10, 2024<\/a><\/p>\n \u201cWe should all be grateful to Grayscale for pushing back against the SEC\u2019s arbitrary and capricious behavior, and clearing the way to get these spot BTC ETFs over the finish line,\u201d said Paul Grewal, Coinbase Chief Legal Officer.<\/p>\n \u201cAnd of course to the DC Circuit, for affirming that the rule of law must prevail over politics,\u201d said Grewal.<\/p>\n The post Robinhood Set to List Spot Bitcoin ETFs \u2018As Soon As Possible\u2019<\/a> appeared first on Cryptonews<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Source: DALL\u00b7E To better integrate cryptocurrencies into traditional finance, Robinhood CEO Vlad Tenev announced…<\/p>\n","protected":false},"author":0,"featured_media":19918,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-19917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/posts\/19917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/comments?post=19917"}],"version-history":[{"count":0,"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/posts\/19917\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/media\/19918"}],"wp:attachment":[{"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/media?parent=19917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/categories?post=19917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marketmakersjournal.com\/wp-json\/wp\/v2\/tags?post=19917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Robinhood to Integrate Bitcoin ETFs<\/h2>\n
\n\u201cAs a pioneer in offering spot crypto trading, Robinhood is thrilled about the SEC\u2019s decision to approve spot Bitcoin ETFs,\u201d said Tenev. \u201cWe\u2019ve been ahead of the curve in crypto access, and we plan to list these ETFs on Robinhood as soon as possible.\u201d<\/p>\nOther Crypto Leaders React to SEC\u2019s Approval<\/h2>\n
\nOther crypto leaders and executives have also expressed their perspectives<\/a> following the historical regulatory step.<\/p>\n