COULD BITCOIN ETF BE A GAME CHANGER FOLLOWING ITS APPROVAL

in #bitcoin3 years ago

download.jfif

As there have being many controversy concerning the impact of the an approval of an ETF base system, and with news of the grayscale multi dollar company with intensions as such this can raise brows too...

https://twitter.com/ThinkingCrypto1/status/1415031874314031107?s=20

HERE are quite enough reasons to think of if this can be success to the bitcoin ecosystem

1. Not every fund can invest in Grayscale Bitcoin Trust
2.Investors will gradually exit fixed income strategies
3.Commodity funds are the best candidate

SOURCE
https://cointelegraph.com/news/3-reasons-why-a-bitcoin-etf-approval-will-be-a-game-changer-for-btc-price

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.027
BTC 61159.70
ETH 2631.81
USDT 1.00
SBD 2.63