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With the increasing influence of Bitcoin in the world, many countries have introduced relevant policies and regulations in terms of compliance with cryptocurrencies represented by Bitcoin. Following the launch of Bitcoin and ETH in Canada, on January 10, 2024, the U.S. Securities and Exchange Commission (SEC) announced the approval of 11 bitcoin listings, which is also significant, symbolizing a major shift in the U.S. government's attitude towards cryptocurrencies. Prior to this, the SEC had repeatedly rejected applications for Bitcoin ETFs, citing risks such as fraud, money laundering, and other risks associated with cryptocurrencies. But this approval shows that the SEC has softened its attitude towards cryptocurrencies, at least acknowledging the legitimacy of cryptocurrencies as an investment tool.