The Importance of Spot Bitcoin ETFs for the Crypto Market
The approval of spot Bitcoin exchange-traded funds (ETF) is a highly anticipated event that could bring about a significant structural change in the cryptocurrency market. According to Coinbase country head for Singapore, Hassan Ahmed, these ETFs have the potential to revolutionize the flagship digital asset. The industry has been eagerly awaiting this development as it will pave the way for trillions of dollars to enter the market, removing the barrier that has so far kept many investors locked out of this asset class.
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