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Bitcoin ETFs will reshape the investment landscape
New investors, institutions will enter the market and the Bitcoin ecosystem will grow.
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Spot Bitcoin ETFs open the way for mass adoption of Bitcoin without the hassles of buying or holding it directly.
PHOTO: REUTERS
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Just over 15 years from its launch in January 2009, Bitcoin – the world’s leading crypto asset – has now gone mainstream.
On Jan 10, after about a decade of holding back, the US Securities and Exchange Commission (SEC) finally gave the green light for spot Bitcoin exchange-traded funds (ETFs), in which Bitcoin is the underlying asset, to be traded on US exchanges.
