Major boost for Bitcoin after SEC ETF approval

The United States Securities and Exchange Commission, or SEC, has approved the first-ever bitcoin exchange-traded funds to come out of the US, a watershed moment for the world’s largest cryptocurrency. The agency gave the green light to sponsors of 10 ETFs — including BlackRock, Invesco and Fidelity — that’ll track bitcoin prices. Most of the products have already begun trading on Thursday. Benji Hyer explains.