First, exchanges should be a bit fearful. If new investors want price exposure to bitcoin and don’t care about the aspect of it that makes it cool (like using it), then those investors will look to pay as little as possible for that bitcoin. Why would an investor pay a 1% fee at an exchange when they could pay a tiny fraction of that through an ETF when they aren’t interested in actually using bitcoin?
- SEO Powered Content & PR Distribution. Get Amplified Today.
- EVM Finance. Unified Interface for Decentralized Finance. Access Here.
- Quantum Media Group. IR/PR Amplified. Access Here.
- PlatoAiStream. Web3 Data Intelligence. Knowledge Amplified. Access Here.
- Source: https://www.coindesk.com/consensus-magazine/2023/06/16/blackrocks-bitcoin-etf-would-be-a-big-deal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
- a
- About
- actually
- an
- and
- AS
- aspect
- At
- BE
- Big
- Bit
- Bitcoin
- Bitcoin ETF
- care
- Coindesk
- Cool
- could
- deal
- Dont
- ETF
- exchange
- Exchanges
- Exposure
- fee
- For
- fraction
- HTTPS
- if
- images
- in
- interested
- investor
- Investors
- IT
- like
- little
- Look
- MAKES
- New
- of
- Pay
- plato
- Plato Data Intelligence
- PlatoData
- possible
- price
- should
- that
- The
- then
- they
- those
- Through
- to
- using
- Using Bitcoin
- want
- when
- why
- will
- would
- zephyrnet
More from CoinDesk
SEC in ‘Enforcement-Only Mode’ for Crypto, Commissioner Peirce Says at ETHDenver
Source Node: 2500378
Time Stamp: Feb 29, 2024
Market Wrap: Crypto Markets Flatten as Latest Employment Data Throws a Setback for Inflation Hawks
Source Node: 1718135
Time Stamp: Oct 5, 2022
Odds of 50 Basis Point Fed Rate Cut Next Week Jump to 45%
Source Node: 2706781
Time Stamp: Sep 13, 2024
Meta permite compartir NFTs en Instagram y Facebook a todos los usuarios en EE. UU.
Source Node: 1711026
Time Stamp: Sep 29, 2022
CFTC Commissioner: Crypto Market Needs Clear Guidelines on Its Regulator
Source Node: 1630606
Time Stamp: Aug 18, 2022
UK’s FCA Is Designing Prudential Requirements for Firms Carrying Out Crypto Activities
Source Node: 2177987
Time Stamp: Jul 20, 2023
Why Did FTX Pause Withdrawals if It Wasn’t Trading Customer Funds?
Source Node: 1752201
Time Stamp: Nov 9, 2022
First Mover Asia: Bear Market? Taxes? Crypto’s Allure in India Grows, KuCoin Survey Finds; Bitcoin Continues Holding Pattern Over $21K
Source Node: 1637703
Time Stamp: Aug 24, 2022
XRP Jumps 20% After Mysterious Binance Transfers as Crypto Rally Expands to Laggards
Source Node: 2511628
Time Stamp: Mar 11, 2024
5ire Raises $100M to Fund Expansion of Sustainable Blockchain
Source Node: 1573959
Time Stamp: Jul 14, 2022
First Mover Asia: Cryptos Rise, Even as Stocks Falter; Token2049 Conference Signals Singapore’s Resurgence as a Crypto Hub
Source Node: 1695240
Time Stamp: Sep 26, 2022