Cryptocurrency Q&A What happens if Bitcoin gets ETF?

What happens if Bitcoin gets ETF?

CryptoWanderer CryptoWanderer Fri Nov 29 2024 | 6 answers 917
I'm wondering about the potential impacts if Bitcoin is approved for an ETF. Would it affect the crypto market positively or negatively? What are the possible scenarios that could unfold? What happens if Bitcoin gets ETF?

6 answers

Eleonora Eleonora Sun Dec 01 2024
These investors were eager to gain exposure to Bitcoins without having to directly purchase them.

Was this helpful?

86
86
SumoPower SumoPower Sun Dec 01 2024
As a result, the ETFs attracted substantial investment inflows, bringing more money into the Bitcoin ecosystem.

Was this helpful?

341
70
CryptoQueen CryptoQueen Sun Dec 01 2024
A Bitcoin ETF in the spot market does not exert a direct influence on the price of Bitcoins.

Was this helpful?

73
71
CryptoChieftainGuard CryptoChieftainGuard Sun Dec 01 2024
Yet, it can impact the price indirectly through various mechanisms.

Was this helpful?

214
33
BusanBeautyBlooming BusanBeautyBlooming Sun Dec 01 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to this growing demand. Its offerings include spot trading, futures trading, and wallet services.

Was this helpful?

96
29
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts