Robinhood CEO Vlad Tenev announced today that the company would list Bitcoin ETFs on its platform.

The statement follows the landmark decision by the Securities and Exchange Commission (SEC) approving spot Bitcoin ETFs.

SEC’s Approval to Integrate Crypto with Traditional Finance

“We’ve been ahead of the curve in crypto access, and we plan to list these ETFs on Robinhood as soon as possible,” Tenev posted on X in reaction to the SEC’s decision.

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…

— Vlad Tenev (@vladtenev) January 10, 2024

In subsequent tweets, Tenev emphasized the significance of this milestone, stating,

“This milestone enhances the integration of cryptocurrencies with traditional finance. It not only offers clarity but also opens avenues for sophisticated risk management tools that benefit our customers in managing their digital asset investments.”

Tenev also emphasized that the SEC’s approval is more than just an official endorsement, as it symbolizes the fusion of cryptocurrencies and conventional finance.

This action brings essential transparency to the cryptocurrency market by establishing a regulatory structure that creates opportunities for advanced risk management instruments.

Tenev also reiterated Robinhood’s ethos: “Participation is power.” Upholding this belief, Robinhood has been committed to offering educational resources on diverse financial topics such as Bitcoin, ETFs, and risk management tactics.

This statement follows the announcement by the SEC