Lorenzo
Sat Jul 13 2024
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6 answers
1196
Will an SEC regulated spot ETF affect bitcoin price?
With the SEC potentially approving a regulated spot ETF for Bitcoin, investors are understandably curious about its potential impact on the cryptocurrency's price. Could such a move further legitimize Bitcoin in the mainstream financial world, driving up demand and subsequently its price? Or might it instead introduce more volatility as institutional investors enter the market, potentially creating short-term price fluctuations? Will retail investors view the ETF as a safer way to enter the market, potentially drawing funds away from direct Bitcoin purchases? These are just a few of the questions swirling around the potential implications of a SEC-regulated spot ETF for Bitcoin's price.
