Crypto exchange-traded-funds (ETFs) add capital to the market not just by creating demand in the spot market, but the market signal of regulatory approval of these products produces a growth flywheel for retail and other institutional flows that are seeking legitimacy, broker Bernstein said in a report Monday.
3 Questions About the SEC’s Abrupt ETH ETF Approval
Was the decision politically motivated? What does it mean for Ethereum going forward? Will other leading chains benefit too? Source...