Bitcoin ETF: A Decade Of Struggle For Legitimacy

The crypto revolution was finally taken to new heights when the SEC approved 11 Bitcoin spot ETFs in January 2024. Global investors flooded in like never seen before, adding almost $5 billion of inflows on the first day of trading. As a result, the crossover between traditional finance and digital assets is now firmly established, and a new door of opportunities for crypto will open as the market continues to mature. This marks the end of a decade-long struggle for legitimacy, showcasing the success of progress not only in blockchain technology itself but also in the public’s perception of money. Crypto is here to stay.

In the early years of Bitcoin, many native crypto investors…

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