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    Home » The cryptocurrency industry is holding its breath in anticipation of the debut of the first spot Bitcoin ETFs
    Crypto

    The cryptocurrency industry is holding its breath in anticipation of the debut of the first spot Bitcoin ETFs

    ZEMS BLOGBy ZEMS BLOGJanuary 7, 2024No Comments1 Min Read
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    Bitcoin has been rising for months ahead of the expected launch of the first US exchange-traded funds containing the cryptocurrency. Skeptics say there's almost no room to run.

    The SEC could approve the funds, known as spot bitcoin ETFs, as soon as next week. Approval would mark a watershed moment for the industry, allowing investors to buy bitcoin in their brokerage accounts as easily as stocks. (Funds tracking bitcoin futures are already in the market.)

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