Will Spot Bitcoin ETF Approval Be A Boon Or Bane? Here’s What Industry Experts Say
The crypto markets have been rocking with optimism for the past three months over the likelihood that regulators will approve spot Bitcoin ETFs. While a lot of analysts are positive about the approval, some believe that a non-approval may shake up the industry. What Happened: With the Spot Bitcoin (CRYPTO: BTC) ETF approval awaited by 13 applicants, the window for approval is set between Jan. 5 to Jan. 10, 2024. Unchained.com’s Joe Burnett stated on social media that he asked ChatGPT 4 what it may look like if 10% of all passive index fund flows went into a bitcoin ETF over the next 24 months….