SEC Opened The Barn Door For Bitcoin And Ethereum ETFs

in LeoFinance10 months ago

▶️ Watch on 3Speak


Here is a link to the article mentioned in the video:

https://decrypt.co/233874/ethereum-etf-5-billion-first-five-months

When the SEC approved the Bitcoin Spot ETF, they opened the barn door. The same was true with Ethereum a couple weeks ago.

In this video I discuss how even if there were others approved ahead of the SEC, this is what leads other countries to follow suit. We are going to see this spread to other countries throughout the world. What are the implications of this?


▶️ 3Speak

Sort:  

I think this is a bit expected. I think the US is still considered the biggest mover in the financial world, and the dollar is widely accepted. Even in my country, we are mimicking what the US does up to a point.

 10 months ago Reveal Comment