Why a Bitcoin ETF is a big deal

<p>The holy grail of the crypto community for the past 10 years has been the approval of a spot Bitcoin ETF, dating all the way back to 2013 when the Winklevoss twins submitted the very first such application.</p> <p>The crypto world is rife with poor user interfaces, complex on and off ramps, uncertain regulations and a host of other obstacles that stand in the way of mass adoption. A Bitcoin ETF is the keystone that will open the flood gates and start the last step of the parabolic mass adoption phase of this nascent technology.</p> <h2>Current BTC ETF Landscape:</h2> <p>For clarity and background, there are already multiple futures-based Bitcoin ETFs in the US, as well as various spot Bitcoin ETF&rsquo;s in a handful of countries around the world including Canada, Brazil and most recently a European BTC ETF.</p> <p><a href="https://medium.com/coinmonks/why-a-bitcoin-etf-is-a-big-deal-fee909d3b254"><strong>Website</strong></a></p>
Tags: Bitcoin ETF