Hello Steemians,
soon BTC ETFs could happen as I explained in my latest post:
I am interested in your opinion: will the SEC allow ETFs? Share your opinion and get high upvotes for constructive and useful comments.
Hello Steemians,
soon BTC ETFs could happen as I explained in my latest post:
I am interested in your opinion: will the SEC allow ETFs? Share your opinion and get high upvotes for constructive and useful comments.
I strongly believe that bitcoin ETF's will be approved this time because the cryptocurrency space has grown a lot. Bitcoin has a market cap that runs into billions of dollars and that isn't small money. More institutional investors with clout are also itching to get into this space and are just waiting for the green light. These are people that are smart and you just don't ignore them.
The Winkelvoss twins have had a hard time in the past getting an ETF approved, maybe this time things will be different, but I'm not certain. I could see another decline, until more demand and pressure is put on, as well as more ways to regulate crypto, then an ETF will get approved.