Either a good or bad investment option for retail investors, spot Bitcoin ETFs will unlikely reduce demand for BTC in the long term.
The approval of the first spot Bitcoin (BTC) exchange-traded funds (ETF) in the United States will open the crypto market to billions of dollars of institutional capital.
According to public trading data, the total volume across the 10 approved spot Bitcoin ETFs reached more than $4.5 billion on the first day of trading on Jan. 11, 2024. Grayscale Investments’ Bitcoin ETF alone reportedly handled over $2 billion in volume.
As massive amounts of institutional capital are expected to flow into the Bitcoin market, is there cause for concern about the potential implications of a spot Bitcoin ETF for smaller investors?
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Source: https://cointelegraph.com/news/spot-bitcoin-etf-retail-investors