Prior to FTX, a lot of people put those risks aside and focus on price appreciation and gaining access to the market. Post FTX, people are saying, I want to be involved, but I need to know I’m protected at a basic level. The ETFs do that, while exposing institutional investors to the reliant counterparties in crypto. They’ve put the industry back on a positive track.
Related posts
-
Analyst Warns Of Bitcoin Breakdown Below Key Psychological Level, Says $40,000 Is Possible
Bitcoin is at a crossroads after getting rejected at $62,000. Unsurprisingly, this has led to clashing... -
Central Bank of Bolivia Unbans Bitcoin From the Nation’s Financial Ecosystem
The Central Bank of Bolivia has lifted a blanket ban on using bitcoin and other cryptocurrencies... -
How Bitcoin Mining is Becoming a Sustainable Hub for BTC Adoption: GoMining Ecosystem Outlook
The Bitcoin mining industry has come a long way since the days when block rewards were...