Robinhood offers 11 SEC-approved BTC

Robinhood, a commission-free trading platform, has started trading 11 spot Bitcoin ETFs. U.S. Securities and Exchange Commission (SEC) approved all 11 ETFs named as- Bitwise, Grayscale, Hashdex, BlackRock, Valkyrie, BZX, Invesco, VanEck, WisdomTree, Fidelity, and Franklin Templeton.

Robinhoods CEO Vlad Tenev, Wrote on Twitter:

Exciting update from Washington today!

As a pioneer in offering spot crypto

trading, Robinhood is thrilled about the

@SECGov's decision to approve spot

Bitcoin ETFs. We've been ahead of the

curve in crypto access, and we plan to

list these ETFs on @Robinhoodapp as

soon as possible. (1/4)

Steve Quirk, Chief Brokerage Officer stated;

“Providing expanded access to the financial markets and increasing customer choice are at the core of Robinhood‘s mission. We’re excited to add support for various Bitcoin ETFs in both retirement and brokerage accounts,” said Steve Quirk, Chief Brokerage Officer at Robinhood. “With Robinhood customers can trade stocks, ETFs, and crypto on their own time and their terms, with no commissions and 24/7 support.”

Customers can purchase and sell Bitcoin ETFs in the same way they would any other ETF or stock. Customers can continue to buy Bitcoin straight from Robinhood Crypto.

About Robinhood

Robinhood is a pioneering online brokerage that enables its customers to buy and sell US stocks, ETFs, options, and cryptocurrencies with zero commission. Founded in 2013, the company has quickly become one of the most innovative and talked-about players in the fintech industry, attracting millions of customers with its transparent and user-friendly approach to investing. However, WikiFX has given this broker a low score of 1.47/10. Traders need to be aware of the potential risk.

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