Will Bitcoin ETF really make BTC a global asset?steemCreated with Sketch.

in hive-175254 •  last year 

At the time of writing, the price action of the main cryptocurrencies by market capitalisation showed a slight correction estimated at -0.3% for Bitcoin, which somehow reveals that we are in a probable sideways zone.

However, beyond the healthy behaviour of Bitcoin's price action, there is some vitally important information on the price scenario that merits the necessary analysis for cryptocurrency investors and traders.

It turns out that according to Rodrigo Di Paula Ambrissi, for some experts in economic and financial assets the Bitcoin ETF will make BTC a global asset, but they wonder if this will be good for the cryptocurrency sector.

In this regard and in correspondence with data from "A survey by Marketsand Markets Research revealed that the tokenisation sector reached a market value of $2tn in 2021. Experts believe that this is one of the most important innovations in the decentralised finance ecosystem".

On the other hand, StealthEX CEO Maria Carola "the first application for a Bitcoin ETF was filed in 2013, so it has been more than ten years since its inception. A decade later, we are still here discussing the spatial leverage potential of the long-awaited ETF."

I would like to know your position on what is discussed here, and whether Bitcoin ETF will really make BTC a global asset?

SOURCES CONSULTED

Cointelegraph. Experts say Bitcoin ETF will make BTC a global asset, but question whether this will be good for crypto sector. Link

OBSERVATION:

The cover image does not belong to the author: @lupafilotaxia, the image was taken from: Gobankingrates

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