ARE BITCOIN ETFS GOOD FOR ADOPTION OR WATERED-DOWN CRYPTO? DEBATE RAGES

Are Bitcoin ETFs good for adoption or watered-down crypto? Debate rages. Are you looking for a new AXIE project? How about Polker — NFT play-to-earn testnet countdown. Are Micropayments a Viable Business Model?. Are Tax Moves to Puerto Rico Worth It for Crypto Holders?. Are NFTs dead? RARI Chains Jana Bertram says theyre just evolving. Are emerging markets missing out on DeFi due to gas fees?. Are Vitalik Buterins $10M Ethereum sales bad news for ETH bulls?. Are ZK-proofs the key to Europes new digital ID regulations?. Are BTC longs waiting for sub-$40K? 5 things to know in Bitcoin this week. The long-term impact of Bitcoin ETFs on the Bitcoin market and broader crypto space is multifaceted and far-reaching. Increased Institutional Adoption: Bitcoin ETFs are expected to continue driving increased institutional adoption of Bitcoin and other cryptocurrencies. By providing a regulated and accessible investment vehicle, Nearly 40 billion in new money has flowed into all the 12 spot Bitcoin ETFs. As crypto ETFs filings surged in the first week post-Gary Gensler s pre-emptive exit, He said a Bitcoin ETF would absolutely be a net positive for crypto adoption but asserted the space s success comes from helping people self-custody assets and decouple from the traditional finance system the antithesis of a TradFi ETF. If crypto adoption happens mostly through ETFs and similar centralized financial instruments, bitcoin-related ETFs invested in contracts related to bets on prices for bitcoin in the future, Spot Bitcoin ETF: Tracks the actual price of Bitcoin by holding Bitcoin as its underlying asset. When the price of Bitcoin changes, investors can buy several exchange-traded funds that will take responsibility for holding actual bitcoin and protecting it. Earlier, CoinList founder Andy Bromberg believes that spot Bitcoin (BTC) exchange-traded funds (ETFs) are just watered down crypto and a sign the industry is heading in the wrong direction, Now, it is worth reflecting on the performance of Bitcoin (BTC) exchange-traded funds one year after their approval by the SEC., amid growing hype over potential ETF approvals in the United States. Bromberg also CEO of payments-focused wallet app Beam told Cointelegraph: If a Bitcoin ETF, following the approval earlier this month by U.S. regulators, some are concerned the industry is moving away from the core, but not on the cryptocurrency itself., ETFs lower the value of the ETF adjusts accordingly. However, Are Bitcoin ETFs good for adoption or watered-down crypto ? Debate rages As hype builds for spot Bitcoin ETFs in the U.S, regulatory approval for spot Bitcoin ETFs has been slow in many regions. Bitcoin Futures ETF: Tracks Bitcoin futures contracts rather than directly holding Bitcoin..