The Securities and Exchange Commission said it has approved proposals for 11 spot bitcoin ETFs on an accelerated basis, in a document that was uploaded to the SEC website and now goes to a 404 error.

The document lists 11 spot bitcoin ETFs by Bitwise, Grayscale, Hashdex, BlackRock, Valkyrie, BZX, Invesco, VanEck, WisdomTree, Fidelity and Franklin.

"After careful review, the Commission finds that the Proposals are consistent with the Exchange Act and rules and regulations thereunder applicable to a national securities exchange," the document states.

“I am happy to confirm that the Grayscale team has received necessary regulatory approvals to uplist GBTC to NYSE Arca, and we will share a press release with additional information shortly” said a Grayscale spokesperson.

"It certainly …