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Cexplorer

01/19/2024

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Bitcoin ETF Approval Is Positive For Cardano

After 10 hard years of trying to get the Bitcoin ETF approved, we finally got it. It happened exactly 15 years after Hal Finney's 'Running Bitcoin' tweet.

Bitcoin ETF Approval Is Positive For Cardano

After 10 hard years of trying to get the Bitcoin ETF approved, we finally got it. It happened exactly 15 years after Hal Finney's 'Running Bitcoin' tweet. 

For the people who pioneered, believed in and used crypto, it's a big day. They got vindication. Bitcoin ETF is a triumph of blockchain technology. 

Approval from the SEC legitimizes the entire crypto industry. ETFs are positive for crypto, but there are also a few negatives. However, approved Bitcoin ETF is also positive for Cardano and other blockchain projects. 

Crypto Is Legit Many people see the approval of the Bitcoin ETF as opening the door for institutions to buy BTC. From my point of view, the legitimization of technology is more important. Bitcoin is paving the way for an entire industry. 

I believe we will soon see more re Read article: Bitcoin ETF Approval Is Positive For Cardano

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ORIGINAL SOURCE

https://cexplorer.io/article/bitcoin-etf...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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