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RE: Do you know what Bitcoin ETFs are and why have they contributed to the rise of that cryptocurrency? By Karupanocitizen.
Hello @karupanocitizen, I didn't really know about Bitcoin ETFS, I think it's an interesting way to include other assets as solid support for bitcoin, or at least that's how I understood it. And this will certainly attract more investors than initially expected. I would like to see closely how it would lock with Bitcoin EFTS.
Thank you very much @tocho for your comment, sorry for the lateness of my answer.
The fundamental idea with Bitcoin ETFs is to be able to offer the opportunity to investors, who are not or do not want to relate to the blockchain environment, to invest in it. This opens up a whole range of possibilities for a greater inflow of capital to our environment, which in turn has a very positive impact on the value of our cryptocurrencies.
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