ShintoSpirit
Mon Jul 08 2024
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5 answers
1188
Does a spot bitcoin ETF affect the price of bitcoins?
Could you elaborate on the potential impact of a spot bitcoin ETF on the price of bitcoins? As an investor, I'm curious to understand how such a financial instrument might influence the market dynamics and liquidity of bitcoins. Are there any historical precedents or studies that indicate a correlation between ETF launches and cryptocurrency price movements? Additionally, would the introduction of a spot bitcoin ETF provide more access to bitcoins for retail investors, thus potentially driving up demand and prices? Or could it potentially introduce more volatility into the market?
