Cointelegraph Research analyzes the various sectors shaping the post-ETF landscape and discusses the future in its new Investor Insights report.
As 2023 fades into the background, the new year has started with significant developments in the cryptocurrency world.
On Jan. 10, the United States Securities and Exchange Commission approved 11 spot Bitcoin exchange-traded funds (ETFs), a significant milestone in crypto history. After just one week of trading, these ETFs outperformed silver exchange-traded products, making Bitcoin (BTC) the second-largest exchange-traded commodity by volume.
The launch of spot Bitcoin ETFs has sparked speculation about the potential for spot ETFs for other cryptocurrencies. Coupled with the Bitcoin halving, anticipated for April, there’s a strong sentiment of confidence across various sectors about potential price increases, fostering a sense of optimism regarding future value growth.
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Source: https://cointelegraph.com/news/crypto-2024-bitcoin-etf-defi-growth-investor-insights