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Instead, a spot bitcoin ETF would allow a large swath over the next few years thanks to a demand boom from the potential approval of brokerage accounts. The potential approval of bitcoin ETFs could lead to a of investors to gain exposure he said.
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| Tom lee bitcoin | The potential approval of spot bitcoin ETFs by the SEC is important because spot bitcoin ETFs would hold bitcoin as an underlying asset in the fund, unlike bitcoin futures ETFs that trade bitcoin futures contracts and don't hold the crypto as an underlying asset. The potential approval of bitcoin ETFs could lead to a demand boom for the crypto, he said. The potential approval of spot bitcoin ETFs by the SEC is important because spot bitcoin ETFs would hold bitcoin as an underlying asset in the fund, unlike bitcoin futures ETFs that trade bitcoin futures contracts and don't hold the crypto as an underlying asset. Access your favorite topics in a personalized feed while you're on the go. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Separately, he noted that easing macro conditions and Fed policy creates a bullish setup for cryptocurrency across the board. |
| Tom lee bitcoin | Close icon Two crossed lines that form an 'X'. The price of bitcoin could soar to new record highs over the next few years thanks to a demand boom from the potential approval of ETFs, according to Fundstrat's Tom Lee. US Markets Loading Separately, he noted that easing macro conditions and Fed policy creates a bullish setup for cryptocurrency across the board. Interest rate worries persist. Fundstrat's Tom Lee said the approval of a new spot bitcoin ETF could send the token soaring in Thanks for signing up! |
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