RE: Would Spot BTC ETF be approved by the SEC?

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Would Spot BTC ETF be approved by the SEC?

in crypto •  11 months ago 

Even though there are positive sentiments surrounding the approval of the BTC spot ETF, one shouldn't completely bank on this coz alot of surprises can play out along the line so one must be cautious, approval of the ETFs at this point will reshape the cryptocurrency industry and we could see BTC and other altcoins experience new highs coz lots of investment will flow into the industry, on the flip side, rejection can be disastrous and could also lead to serious decline in the prices of crypto hence investors and traders must thread with caution. Copy trading might seem a viable option but these traders can also be caught off guards so I wouldn't advise one relent on them 100%. A more reliable products like sharkfin, smart trend, dual investment and the likes are very good option to explore while awaiting the outcome of the approval.

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