Today we’re going to tackle a hot topic – Bitcoin ETFs, and the race to file for these financial products among Wall Street titans. While TradFi giants smell money, the SEC continues to evaluate whether or not to approve ETFs that own Bitcoin directly. …
Today we’re going to tackle a hot topic – Bitcoin ETFs, and the race to file for these financial products among Wall Street titans. While TradFi giants smell money, the SEC continues to evaluate whether or not to approve ETFs that own Bitcoin directly.
Some of the largest names in asset management, like Fidelity, and BlackRock are jumping into the race, and the SEC has even approved the first leveraged Bitcoin futures ETF. So let’s quickly recap what Bitcoin ETFs are, who the major players are, and explore what all of this really means.
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- Source: https://thedefiant.io/bitcoin-etfs-adoption-boost-or-tradfi-money-grab
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