The quest for a US-listed spot bitcoin exchange-traded fund is almost as old as the asset class itself. The US Securities and Exchange Commission has rejected dozens of applications in the last decade.
But with these ETFs now newly approved, a whole new class of passive and active investors is exposed to bitcoin for the first time — and some of them may ask, will spot bitcoin ETFs harm or help the environment?
I believe that ultimately, this new wave of bitcoin adoption could be an incredible addition to forging a clean energy future.
As spot bitcoin ETFs launch in the US, there will be massive inflows of capital to bitcoin from both retail and professional investors. This is an…
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