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Spot Bitcoin ETFs Approved: The Crypto Industry Reacts

2 years ago
in Bitcoin
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Samuel Armes, founder, Florida Blockchain Affiliation: “I believe on the finish of the day, these ETFs are going to deliver a bunch of cash into the area. It is going to make the worth go up. It is going to make extra individuals concerned. However, I additionally assume it may begin the division between truly having the ability to maintain your keys and having, you understand, artificial bitcoin. So, I believe most individuals will decide to only purchase and maintain the ETF. I believe quite a lot of boomers within the older technology won’t ever self custody their bitcoin, which is clearly antithetical to the mission of the token, however they only need to become involved in it now that bitcoin is again. So, the bottom layer mission of Bitcoin of sovereign independence and freedom cash will take successful. However, the worth remains to be coming to work, and adoption — quote-on-quote — will go up as effectively, no matter which means.”



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Tags: ApprovedBitcoincryptoETFsindustryReactsspot
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