You are viewing a single comment's thread from:

RE: What's gonna be happened, if the Bitcoin(BTC) spot ETFs are approved?

in H4LAB Researchlast year

Hey happycapital,

Wow, your post really got me thinking! The comparison with the gold spot ETF is a fascinating angle. I remember when I first dabbled in crypto, the volatility nearly gave me a heart attack. 😅 But like you said, the fundamentals of BTC have always been strong.

I can't help but recall the recent buzz around El Salvador adopting Bitcoin as legal tender. It's like a real-world experiment that could either validate or challenge the points you've made. What are your thoughts on that?

Your post also reminded me of the first time I invested in a volatile stock. The ups and downs were like a roller coaster, but in the end, it was the fundamentals that mattered. The smell of freshly printed stock charts and the sound of market bells still give me a sense of nostalgia.

I do have one question: Do you think the approval of BTC spot ETFs could lead to more regulatory scrutiny? It's a double-edged sword, isn't it?

Keep up the great work! Looking forward to your next insightful post.

Cheers! 🍻

Sort:  

First of all, thank you for reading my post and leaving a nice comment!

Adopting as a legal tender in El Salvador is just beginning. Many developing countries would join the row.

Well, if BTC spot ETF is approved, the crypto market will encounter more regulation, and needs the clarity.

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.031
BTC 61255.54
ETH 2640.80
USDT 1.00
SBD 2.46