Bitcoin ETF Approvals Could Attract Billions in New Crypto Investment, But Impact Remains Uncertain
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Spot bitcoin ETF approval could bring billions in new investment to the crypto market according to Coinbase.
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Coinbase says bitcoin ETFs could open crypto to more traditional finance players like retirement funds and RIAs.
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J.P. Morgan analyst claims bitcoin ETFs may not lead to a flood of new money.
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BlackRock among major firms awaiting approval for spot bitcoin ETFs.
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Coinbase believes there's a good chance at least one spot bitcoin ETF is approved by end of 2022.