The Traderszone Network

Published in TZ Latest News 17 October, 2021 by The TZ Newswire Staff

Why the upcoming Bitcoin futures ETF may not be good news for retail investors

The time has finally come — the U.S. Securities and Exchange Commission (SEC) has finally approved the first Bitcoin ETF — albeit for futures and not a spot traded fund.

Some say this is good news, especially from a mainstream acceptance perspective. But others disagree, specifying a shift of power to Wall Street and the possibility it could trigger a sell-off event.

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