HomeMarketsIndicesDo Ethereum ETFs Clear The Way For Spot Bitcoin ETF Approval?

Do Ethereum ETFs Clear The Way For Spot Bitcoin ETF Approval?

If a Spot Bitcoin ETF was available, investors would be able to own bitcoin without having to buy, store, or secure it themselves, notes Ric Edelman. He discusses bitcoin while awaiting the SEC decision on Spot Bitcoin ETF applications. The court ruled in favor or Grayscale in the Spot Bitcoin ETF case on August 29th. He talks about how only 12% of financial advisors recommend bitcoin to clients, but 77% say they’d recommend a Spot Bitcoin ETF. He expects that there is a significant institutional demand for these ETFs. He then goes over if Ethereum ETFs clear the way for Spot Bitcoin ETF approval. Tune in to find out more about the stock market today.

The Watch List

09 Oct 2023

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