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Grayscale CEO Michael Sonnenshein on bitcoin ETF approval: The culmination of 10 years of workToday, the SEC approved a flurry of spot Bitcoin ETFs to start trading tomorrow on stock exchanges. It's a huge accomplishment for investors and the crypto. The U.S. Securities and Exchange Commission on Wednesday approved rule changes to allow the creation of bitcoin exchange-traded funds in the. Today, the Commission approved the listing and trading of a number of spot bitcoin exchange-traded product (ETP) shares.