How a Spot Bitcoin ETF Could Affect Bitcoin Spark and Bitcoin Cash
–News Direct–
What are ETFs?
In the world of investing, Exchange-Traded Funds (ETFs) have established themselves as a popular and cost-effective way for individuals to diversify their portfolios. Rather than purchasing individual securities, investors can buy a single ETF that represents a wide range of assets, providing exposure to a diverse array of industries, sectors, and asset classes.
Lately, the SEC delayed the decision to approve or deny any Bitcoin Spot ETF again. Another delay or decision can be expected in October 2023.
Bitcoin Spot ETFs Would Mean Billions of Dollars Inflow for Bitcoin and BTC Forks
A Bitcoin Spot ETF, if approved, could be a game-changer for the cryptocurrency market. It would allow institutional investors, who are typically more risk-averse, to gain exposure...