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There are currently 11 Bitcoin ETFs that are in the final stage of approval with the United States Regulatory Body.
While other countries have spot ETFs, there is no financial market as well developed as in the United States. Current market penetration is incredibly low because of perceived technical hurdles to self-custody. This makes Bitcoin easily accessible to virtually anyone.
This is likely to be a major new stage in adoption. Bitcoin is incredibly scarce. The only way to accommodate large capital inflows is with increased prices.
Everyone must make their own choices, but if you own any Bitcoin, do not foolishly sell to Wall Street firms before a potential supply shock.
Attempt to start thinking in terms of Bitcoin instead of fiat prices.
#bitcoin #bitcoinetf #wallstreet
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