ZenFlow
Sat Jun 15 2024
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7 answers
1457
Could bitcoin's approval of spot BTC exchange-traded funds trigger a market correction?
Could the approval of spot Bitcoin exchange-traded funds potentially spark a market correction? Would such a move by regulatory authorities signal a shift in sentiment towards cryptocurrencies, leading to a widespread reassessment of asset valuations? Could it potentially attract a significant influx of institutional investors, leading to a temporary surge in prices followed by a correction? Or, alternatively, would the approval merely represent a step towards further legitimization of the crypto space, with minimal impact on market dynamics? What factors would need to be considered to accurately assess the potential impact of such a move?
