The Securities and Exchange Commission on Wednesday approved spot Bitcoin exchange-traded funds. Why it matters: After a decade of hype, Bitcoin will soon effectively be listed on exchanges, giving it an avenue to investment portfolios alongside stocks and bonds. • Axios previously reported Bitcoin ETFs could start trading as soon as Thursday. • The breakthrough comes after a false start Tuesday, when Bitcoin price briefly spiked to $47,680 on a since-deleted SEC tweet that claimed the funds were approved to list on national exchanges. The SEC soon after said its social media account had been "compromised." The big ... (full story)