Bitcoin ETF Will Change The Game, But Not The Way You’re Thinking
By Mark Helfman on ALTCOIN MAGAZINE
This is the fifth in a series of articles sharing my thoughts about the entry of traditional finance into cryptocurrency markets. See the previous articles on this page and follow me to catch each new post.
Seems like nobody’s talking about a bitcoin ETF anymore, but they really should. It’s a true game-changer and destined to happen sooner than later.
Several Wall Street firms have asked for permission to create one and U.S. regulators will approve at least one of them eventually.
The SEC’s Chairman explained the issues with Bitcoin ETF
— FX Street
Once regulators approve a bitcoin ETF, they will cement bitcoin’s legacy as a legitimate asset and open the floodgates for passive investors to pour money into bitcoin, leading to a boom in price and mainstream adoption.
At least, that’s what most people say.
