Probability for U.S. Approval of a Spot Bitcoin ETF Is Fairly High: Bernstein

The lack of a bitcoin spot ETF leads to the growth of over-the-counter products like the Grayscale Bitcoin Trust (GBTC), which are more expensive, illiquid and inefficient, the broker said. Grayscale is owned by CoinDesk’s parent company, Digital Currency Group (DCG).

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• Source: https://www.coindesk.com/policy/2023/07/03/probability-for-us-approval-of-a-spot-bitcoin-etf-is-fairly-high-bernstein/?utm_medium=referral&utm_source=rss&utm_campaign=headlines