Bitcoin has failed to live up to its promise of becoming a global decentralized digital currency and remains difficult to use for legal transfers. The approval of the ETF does not change the fact that Bitcoin is not suitable as a means of payment or investment.
JinseFinanceWhile industry observers note that the opposite flow trend may slow over time, Bitcoin funds could one day surpass the $90 billion gold ETF market.
JinseFinanceGold ETFs witness significant outflows, while Bitcoin ETFs attract billions in inflows, reflecting a shift in investor sentiment favoring Bitcoin over gold amid market dynamics and speculation.
Xu LinThe approval of a Bitcoin ETF has many optimistic about the possibility of an Ethereum spot ETF launching soon, but experts warn it could be a lengthy process.
JinseFinanceI believe that there is a high probability that the door will be opened for more institutions to enter the market, such as the Ethereum ETF, which is highly anticipated by the industry.
JinseFinanceThe U.S. SEC will make decisions and approve five Ethereum spot ETFs before the end of May, but it may be postponed to August to make a final decision.
JinseFinanceThe potential approval of a Bitcoin ETF should boost all cryptocurrencies, including Ethereum, as the ETH price is expected to rise by 75% in the coming months.
JinseFinanceCboe BZX Exchange greenlights Fidelity's Bitcoin ETF registration, advancing it towards SEC approval. The step follows an SEC filing; however, it doesn't assure final consent, drawing cautious industry optimism.
Huang BoGolden Finance launches the 2197th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceLast month, the watchdog gave the thumbs-up to Teucrium’s Bitcoin futures ETF, which is the first such vehicle to be approved under the ’33 Act.
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