BlackRock’s Bitcoin ETF ‘is the best thing to happen’ to BTC, or is it? By Cointelegraph
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© Igor Faun
BlackRock’s latest filing for a spot (BTC) trust will drive investors’ confidence in Bitcoin and may even be “the best thing that could happen” to BTC, according to some crypto industry observers — but others warn of a hidden cost.
During an interview on June 16, Galaxy Digital CEO Mike Novogratz said the approval of BlackRock’s ETF application would be “the best thing that could happen to $BTC.”
The downside
Continue Reading on Coin Telegraph
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© Igor Faun
BlackRock’s latest filing for a spot (BTC) trust will drive investors’ confidence in Bitcoin and may even be “the best thing that could happen” to BTC, according to some crypto industry observers — but others warn of a hidden cost.
During an interview on June 16, Galaxy Digital CEO Mike Novogratz said the approval of BlackRock’s ETF application would be “the best thing that could happen to $BTC.”
The downside
Continue Reading on Coin Telegraph
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