Robinhood plans to list spot bitcoin ETFs as quickly as it can
Vlad Tenev, CEO of the outlay app Robinhood, said that the company will start lugging out detect bitcoin reasonable-traded counsel as immediately as it can.
The review came right after the Safeties and Mart Commission decided the authorization of detect bitcoin ETFs for the first time. Presently, 11 detect bitcoin ETFs will be overture trading as comfortably as tomorrow.
“Electrifying update from Washington today! As a mastermind in lugging out detect crypto trading, Robinhood is tickled around the SEC’s verdict to authorize detect Bitcoin ETFs,” Tenev drafted on the social media lookout X.”
“We’ve been in drifter of the crescent in crypto lessen of access, and we arrangement to list these ETFs on Robinhood as comfortably as plausible,” Tenev added. “This milestone beautifies the integration of cryptocurrencies with stock endorsing. It not merely performs legibilities yet correspondingly opens upward rewards for affable oversight security tools that payoff our patrons in controlling their electronic asset prices.”
Discredit security strategies
Tenev said that Robinhood has educational merchandises on bitcoin, ETFs and oversight security strategies.
Robinhood, which performs cryptocurrency trading on its lookout, said last month that volumes owned spiked amidst an recurring rally.
The 11 tradable detect bitcoin ETFs approved on Wednesday require counsel from Bitwise, Black and white, Hashdex, BlackRock, Valkyrie, BZX, Invesco, VanEck, WisdomTree, Fidelity and Franklin Templeton.
