Impact of Spot Bitcoin ETFs on Crypto Investment After One Year

Reported about 7 hours ago

Since their launch on January 11, 2024, spot bitcoin exchange-traded funds (ETFs) have significantly changed the landscape of cryptocurrency investing, making it more accessible for a wider range of investors. The popularity of these ETFs has led to billions in investments, contributing to record-high Bitcoin prices and the subsequent approval of spot ether ETFs. The success of spot bitcoin ETFs has also opened the door for potential future ETFs for other cryptocurrencies, as regulatory conditions evolve.

Source: YAHOO

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