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In a landmark decision, the SEC has voted to approve Bitcoin Spot ETFs, as reported. This approval has sparked a reaction from Elon Musk, who, during an X Spaces event with Cathie Wood, expressed his openness to the idea of utilizing Bitcoin on X. The SEC’s ETF Approval voting was divided: Gensler, Peirce, and Uyeda voted in favor, while Crenshaw and Lizárraga opposed the approval.
Here’s the voting breakdown:
Gensler: Approved
Peirce: Approved
Uyeda: Approved
Crenshaw: Not Approved
Lizárraga: Not Approved
![](https://cryptocrunchapp.com/wp-content/uploads/2024/01/20240111_094950-1024x313.jpg)
![](https://cryptocrunchapp.com/wp-content/uploads/2024/01/20240111_081927-1024x731.jpg)
SEC Official Bitcoin ETF Approval Documents link