TaegeukChampion
Sat Jul 06 2024
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7 answers
1511
Will ETF approvals affect bitcoin's price?
As a keen observer of the cryptocurrency market, I'm curious to know: Will the approval of Bitcoin-related Exchange Traded Funds (ETFs) have a significant impact on Bitcoin's price? The potential introduction of these funds, which would allow investors to trade Bitcoin without directly purchasing it, seems to be a significant milestone for the industry. Could this lead to increased demand for Bitcoin, driving up its price? Or, could it potentially lead to market saturation, causing prices to stagnate or even decline? I'm eager to understand the potential implications of this development on the Bitcoin market.
