SEC Greenlights Crypto Revolution: Bitcoin & Ether ETPs Break Wall Street’s Dam – Cash Grabs the Exit
Wall Street's gates swing open—but the old guard's already scrambling for the fire exits.
The SEC just dropped the hammer on crypto's institutional adoption stalemate. Bitcoin and Ethereum exchange-traded products cleared for takeoff, while legacy finance clings to its fidget spinners (sorry, 'cash equivalents').
Game recognizes game
Crypto's blue chips get the regulatory nod after a decade of hand-wringing. Meanwhile, traditional ETP issuers face their 'Blockbuster vs Netflix' moment—adapt or watch your AUM evaporate into decentralized wallets.
Bonus jab: Goldman analysts reportedly drafting emergency memo titled 'How to Explain Stablecoins to Boomers.'
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.