🛟 When you wanna go swimming, but aren’t ready for the deep end…
A spot bitcoin exchange-traded fund (ETF) would track the price of BTC, letting crypto-cautious investors get exposure to the OG crypto’s price moves without actually owning it (picture: no concerns of lost wallets or hacked funds). Bitcoin passed $30K this week as investors eyed what analysts say is the increasing likelihood that the SEC will approve the US’s first spot bitcoin ETF by January.
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