Bitcoin ETF Approved
1
January 10, 2024
2024-01-11T00:47:50Z
2024
Crypto
Current Events
Bitcoin ETF Approved
Milestone day to recognize — SEC Approves Bitcoin ETFs for Everyday Investors. Bitcoin doesn’t need this to validate it or prove value but it is a big plus for the credibility of Bitcoin. BTC currently at $46,611 now.
Questions:
- What will this do to Bitcoin demand?
- What does this mean for MicroStrategy (MSTR) as they are effectively a Bitcoin holding company (in part) now.
- If this “legitimizes” Bitcoin, what is the follow-on to Ethereum? And other blockchains?