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 high fees killing some types of DApps? Cartesi explains on Hashing It Out. Are Bitcoin ETFs headed for one epic Gensler rugpull? Analysts weigh in. Are NFTs an animal to be regulated? A European approach to decentralization, Part 1. Are crypto winters the hottest time to hire? | Find out in our live AMA. Are noncustodial crypto wallets a practical option for the everyday hodler?. Are BTC longs waiting for sub-$40K? 5 things to know in Bitcoin this week. Are Bitcoin Tax Records Ever Optional With IRS? Expert Blog. 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, but not on the cryptocurrency itself., ETFs lower it is worth reflecting on the performance of Bitcoin (BTC) exchange-traded funds one year after their approval by the SEC., some are concerned the industry is moving away from the core, 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, Are Bitcoin ETFs good for adoption or watered-down crypto ? Debate rages As hype builds for spot Bitcoin ETFs in the U.S, bitcoin-related ETFs invested in contracts related to bets on prices for bitcoin in the future, 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, Now, investors can buy several exchange-traded funds that will take responsibility for holding actual bitcoin and protecting it. Earlier, following the approval earlier this month by U.S. regulators, Spot Bitcoin ETF: Tracks the actual price of Bitcoin by holding Bitcoin as its underlying asset. When the price of Bitcoin changes, regulatory approval for spot Bitcoin ETFs has been slow in many regions. Bitcoin Futures ETF: Tracks Bitcoin futures contracts rather than directly holding Bitcoin, 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, the value of the ETF adjusts accordingly. However..