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Spot Bitcoin ETFs Approved: The Crypto Industry Reacts

January 11, 2024
in Crypto Updates
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Samuel Armes, founder, Florida Blockchain Affiliation: “I feel on the finish of the day, these ETFs are going to carry a bunch of cash into the area. It will make the value go up. It will make extra individuals concerned. However, I additionally assume it should begin the division between truly with the ability to maintain your keys and having, , artificial bitcoin. So, I feel most individuals will decide to simply purchase and maintain the ETF. I feel quite a lot of boomers within the older technology won’t ever self custody their bitcoin, which is clearly antithetical to the mission of the token, however they only wish to become involved in it now that bitcoin is again. So, the bottom layer mission of Bitcoin of sovereign independence and freedom cash will take a success. However, the value continues to be coming to work, and adoption — quote-on-quote — will go up as properly, no matter meaning.”



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