U.S. says yes to new bitcoin funds, paving the way for more Americans to buy…

The Securities and Exchange Commission, under Chair Gary Gensler, has approved several spot bitcoin exchange-traded funds, which will track the cryptocurrency's price. Drew Angerer/Getty Images hide caption The Securities and Exchange Commission, under Chair Gary Gensler, has approved several spot bitcoin exchange-traded funds, which will track the cryptocurrency's price. Bitcoin is on a tear. In the past year, the the top cryptocurrency has gained more than 150%. The massive run-up has come despite months of negative headlines, the successful prosecution of one of the biggest players in crypto, and after financial regulators and…