By all accounts, crypto is at a crossroads. Across markets, the legal and regulatory landscape, and the Web3 startup ecosystem, there’s little disagreement among industry leaders that 2024 could shape up to be one of crypto’s most consequential years yet. Whether those events will finally lift the industry out of winter to new highs, or imperil it, remains another question.
But do not panic, dear reader. While nothing about the future can ever be certain—least of all when it comes to crypto—Decrypt has spoken to analysts across finance, policy, and the NFT space to peek behind the curtain.
First up: How much impact will a spot Bitcoin ETF really have?
It’s the topic on everybody’s minds: the ever-elusive, tantalizingly close, potentially transformational spot Bitcoin ETF. For years, the Securities and Exchange Commission (SEC) has prevented mainstream financial institutions from creating such a product—which would allow traditional investors and entities to gain exposure to Bitcoin without holding any cryptocurrency themselves.
Once BlackRock entered the Bitcoin ETF race, though, all bets were off. It’s looking
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Author: Sander Lutz
Tip BTC Newswire with Cryptocurrency