In Cointelegraph’s latest video, experts discuss the impact of the spot Bitcoin ETF approvals on the crypto markets and the potential for a spot Ethereum ETF.
The approval of spot Bitcoin exchange-traded funds (ETFs) in the United States has been a game-changer for the cryptocurrency market, sparking a significant surge in demand and fundamentally altering market dynamics.
In our latest video, Cointelegraph talked with experts about the profound impact of this milestone and the prospects for more ETFs being approved in the United States.
“It’s not actually just about the U.S. market,” said Ophelia Snyder, co-founder of 21Shares. “Once you remove this major risk of what is the U.S. regulator going to do about Bitcoin, it changes what the risk-return profile of the asset is,” she ad.