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How the Bitcoin ETF Changed BTC for the Better
- Bitcoin ETF has changed BTC for the better, legitimized it as an asset and ensured a regulated and secure way to gain exposure to BTC without the challenges of direct ownership.
- After the SEC rubberstamped ETFs, pension funds can list Bitcoin on their balance sheets and institutional investors invest without any challenge.
- Major industry players had to tighten up their compliance, security, and reporting to establish the Trust needed to create the ETF, thus enhancing the Crypto industry for all participants.
- Bitcoin ETFs since January have accrued over $18.5 billion in net flows and it has broken records on Wall Street with Bitcoin hitting price records this year.
- Bitcoin ETFs have made it easier for institutions to allocate funds to crypto acting as a price stabilizer,due to large institutional inflows giving long-term support to Bitcoin’s price.
- Bitcoin spot ETFs have helped to create more liquid trading conditions, thanks to liquidity from large institutional players improving overall market depth.
- Bitcoin ETF is not for a true hardcore believer wanting custody of their own coins but for ordinary investors who want to get involved without managing their own wallet.
- ETFs can be accessed by a much wider tranche of investors than is commonly perceived.
- For every aspect except the technical and ideological perspective, the ETF has been a genuine game-changer for Bitcoin, crowning its 15-year ascent.
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