🧵 1. U.S. SEC approves 11 new Bitcoin ETFs, a first to hold actual Bitcoin. Boosts confidence in its future as a mainstream asset. #crypto
🧵 1. U.S. SEC approves 11 new Bitcoin ETFs, a first to hold actual Bitcoin. Boosts confidence in its future as a mainstream asset. #crypto
🧵 2. Bitcoin's price declined 10% after SEC approval. Short-term traders may have inflated prices before ETFs. Long-term prospects remain positive.
🧵 3. Three potential drivers for Bitcoin's future: institutional investment, upcoming mining rewards reduction, and inflation hedging. Research before investing.
🧵 Read more at: https://www.coingraph.news/after-weeks-of-steady-growth/