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[Market Update] Aftermath of spot bitcoin etf
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Dear Reader,
Who would have thought that one day Bitcoin would trade on major United States stock exchanges?
But here we are.
After more than a decade of pushing and prodding the SEC…
Bitcoin is trading in the form of an exchange-traded fund.
What does this mean for the crypto market?
John Nahas of Ava Labs told Cointelegraph…
"I believe SEC approval will cement Bitcoin's reputation."
He went on to explain that, in his view, this development will bring Bitcoin and crypto to the masses at a much faster rate and on a much grander scale.
Bitcoin will soon lose its "exotic" label.
And be embraced by traditional financial investors.
The effects of a spot Bitcoin ETF can already be felt in the market.
Remember, as Bitcoin goes, so do Altcoins.
Since the ETF approval about a week-and-a-half ago…
News and views for crypto investors To view this email as a web page, go here. September 29, 2020 Sponsored by By Noelle Acheson Director of Research If you were forwarded this newsletter and would like to receive it, sign up here . PRICES (09/29/20 @ 6 a.m. UTC): BTC - $10,630.12 | ETH - $349.43 Hi everyone, I hope you’re all well, wherever you are. XRP Holders have been a patient bunch. Ever since the peak a couple of years ago, XRP's price has remained relatively stagnant. However, this is all about to change due to a recent announcement by Ripple : "We are committing 5.34 Billion XRP to ...
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