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On The ETF - by Saurabh - Decentralised.co

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Hey there, The SEC finally approved the spot bitcoin ETF on January 10, 2024. It was a decade-long endeavour. The Winklevosses first applied in July 2013 when BTC traded at $100. This ETF blurs the line between digital assets and traditional finance. If you view crypto assets as a separate island from the mainland of traditional investments, the ETF is the bridge connecting the two landmasses. This transition did not happen overnight. The image below tracks a timeline of the key events that lead up to the ETF approval over the past decade. An ETF can represent anything from a single asset to a basket of stocks or commodities. It increases accessibility and reduces costs for investors. Before the spot bitcoin ETF approval, investors would have to buy and manage BTC independently. With a spot ETF, bitcoin becomes available to investors in their brokerage accounts. The ETF approval also helps change the perception around BTC and, by extension, other crypto assets. Institutions or HNIs no

Hey there, The SEC finally approved the spot bitcoin ETF on January 10, 2024. It was a decade-long endeavour. The Winklevosses first applied in July 2013 when BTC traded at $100. This ETF blurs the line between digital assets and traditional finance. If you view crypto assets as a separate island from the mainland of traditional investments, the ETF is the bridge connecting the two landmasses. This transition did not happen overnight. The image below tracks a timeline of the key events that lead up to the ETF approval over the past decade. An ETF can represent anything from a single asset…

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