A Bitcoin ETF could finally start trading in the U.S.—possibly as soon as next week—after 10 years of the U.S. Securities and Exchange Commission saying no to the investment vehicle. Opinions on what a Bitcoin ETF will do for the crypto market range from a monumental influx of Wall Street money to nothing extraordinary at all, depending on whom you ask. What if a Bitcoin ETF doesn’t get approved? One Bitcoin ETF issuer might steal the showThe SEC currently has a list of 14 high-profile firms trying to get approval. It doesn’t end up doing very wellAs Decrypt previously reported, experts have generally agreed that over the long-term, a spot Bitcoin ETF will probably do well.

Source: The Nation January 03, 2024 19:37 UTC