Why There Is a Rise in Bitcoin ETF Adoption?

Adekunle Joshua

Bitcoin ETFs act as a gateway for investors to indirectly own Bitcoin

There is no need for crypto exchanges or private key headaches, very similar to the world of stock trading

Bitcoin ETF is considered as a potential catalyst for mainstream adoption

Many developed countries like Canada, Australia, Brazil, and parts of Europe have embraced Bitcoin ETFs

Despite initial setbacks with SEC rejections, institutional asset managers like BlackRock and Fidelity have filed for Bitcoin ETFs

Just imagine Bitcoin listed alongside traditional assets on Wall Street

A Bitcoin ETF approval will trigger accessibility, legitimacy, and broader awareness.