Bitcoin near 21-month high after US regulators approve ETFs – Markets

SINGAPORE/LONDON: Bitcoin held steady on Thursday around its highest level since March 2022 after U.S. regulators approved the first U.S.-listed exchange traded funds (ETFs) to track the cryptocurrency, in a landmark move that could broaden its appeal to investors.

The Securities and Exchange Commission (SEC) said on Wednesday it approved 11 applications, including from BlackRock, Ark…