Do we benefit from a ETF approval in the cryptomarket!

With the arrival of an ETF, the process and the veil for institutional investors will be invested in bitcoin. To date, the risk for many investors was too great. With a bitcoin ETF that risk is taken away and chances are that many investors now have it. Not only private investors were suspicious because of the risks of cryptocurrencies, but also of investors on the sidelines for a long time. With the arrival of an ETF, that can be a thing of the past. The continuation of the bull trend that we are currently experiencing is dependent on the ruling of the SEC according to my perception. A negative statement, so no approval for Bitcoin ETFs, will provide a kind. Nevertheless, I have a good hope that a positive statement will be made. Developments within the cryptocurrency world seem increasingly positive and the market is getting more and more legitimacy. Cryptocurrencies are not the bad boy of the investment world.