BITCOIN ETFs: In January of 2024 the SEC approved the first Bitcoin exchange traded funds (ETFs). For the first time in history, any American with a brokerage account is able to buy bitcoin as easily as they can buy stock in Apple, Amazon, or Tesla. And the ETFs are run and marketed by BlackRock (IBIT), Fidelity (FBTC), and most of the other biggest names in financial management. Financial advisors are slowly coming online, as their compliance teams approve the ETFs. All of this is extremely bullish for the long-term price of bitcoin.
Joel BomgarShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.