Spot Bitcoin ETF Will Be a “Bloodbath” for Crypto Exchanges, Says Analyst – Cointelegraph
As the crypto community eagerly awaits the potential approval of a spot Bitcoin (BTC) exchange traded fund (ETF) in the United States, some analysts are warning that it could potentially have unintended consequences for cryptocurrency exchanges. Several industry observers have predicted that a spot BTC ETF could begin trading in early 2024. Combined with Bitcoin’s … [Read more…]