Oct 26, 10:40 pm
Decrypt
Will There Be Market Demand for a Bitcoin ETF? Experts Weigh In
The possibility of a Bitcoin ETF being approved by the SEC has caused excitement among investors, with BlackRock’s application gaining traction. While some believe that a Bitcoin ETF could attract significant capital into the market, others are more skeptical, pointing to the underperformance of spot crypto ETFs in Canada and Europe. However, experts agree that in the long-term, the approval of a Bitcoin ETF would be beneficial for the cryptocurrency.
