Why There Is a Rise in Bitcoin ETF Adoption?
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.