tl;dr
After a decade of trying, spot bitcoin ETFs have been approved in the U.S. and will debut on U.S. markets run by NYSE, Cboe Global Markets, and Nasdaq. These ETFs will allow retail customers and traditional financial institutions to gain exposure to bitcoin's price, and with 11 spot bitcoin ETF fund...
Spot bitcoin ETFs have been approved in the U.S. after a decade of trying and will debut on U.S. markets run by NYSE, Cboe Global Markets, and Nasdaq. Retail customers and traditional financial institutions can gain exposure to bitcoin's price, and with 11 spot bitcoin ETF funds being offered, liquidity providers and market makers have been preparing for the launch. Industry experts foresee potential challenges as investors may take weeks or months to become comfortable with the bitcoin ETF vehicle.
The U.S. Securities and Exchange Commission greenlit the hotly anticipated products, and the buying and selling could start as early as 4 a.m. ET. With virtually any retail customer and traditional financial institution able to gain exposure to bitcoin's price, these ETFs offer more choices for investors interested in digital assets. Liquidity providers and market makers have spent months preparing for the launch, ensuring that the bitcoin market remains efficient with the new wave of interest. Difficulty predicting inflows in the first few days, investors may take weeks or months to become comfortable with the bitcoin ETF vehicle, according to industry experts.
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