BitcoinFriday on Nostr: Gary Gensler’s letter on the spot Bitcoin ETF approval makes two things clear: 1) ...
Gary Gensler’s letter on the spot Bitcoin ETF approval makes two things clear:
1) This happened because the SEC lost the Grayscale case
2) This “in no way” signals their willingness to approve other “crypto asset securities”
Bitcoin gaining institutional interest is a big step forward. The market is growing and maturing and transforming Bitcoin from a largely retail-owned asset, to a global macro asset that will compete with gold and US treasuries.
An Exchange Traded Fund is a fund that holds assets and individual shares of the fund can be traded on an exchange.
Bitcoin ETFs will do one thing and one thing only: they hold Bitcoin and allow you to get exposure to Bitcoin in your investment accounts.
ETFs will make it much easier to get exposure to Bitcoin.
You’ve had a little over 15 years to learn about #Bitcoin and front run Wall Street.
Did you do it?🧡
#zap 🧡 #nostr #BTC #Bitcoin #plebchain #grownostr #stacksats #bitcoineducation #adoption #SEC #Bitcoin ETF
1) This happened because the SEC lost the Grayscale case
2) This “in no way” signals their willingness to approve other “crypto asset securities”
Bitcoin gaining institutional interest is a big step forward. The market is growing and maturing and transforming Bitcoin from a largely retail-owned asset, to a global macro asset that will compete with gold and US treasuries.
An Exchange Traded Fund is a fund that holds assets and individual shares of the fund can be traded on an exchange.
Bitcoin ETFs will do one thing and one thing only: they hold Bitcoin and allow you to get exposure to Bitcoin in your investment accounts.
ETFs will make it much easier to get exposure to Bitcoin.
You’ve had a little over 15 years to learn about #Bitcoin and front run Wall Street.
Did you do it?🧡
#zap 🧡 #nostr #BTC #Bitcoin #plebchain #grownostr #stacksats #bitcoineducation #adoption #SEC #Bitcoin ETF