Press Release Today TheBitTimes.com

Joel Kuck, CEO of Decentralized ETF, believes that “the big money will come when the institutions come” after the approval of spot Bitcoin ETFs in the United States. As expectations grow that a spot Bitcoin exchange-traded fund (ETF) will be approved in the United States, it remains one of the hottest topics heading into 2024. In Episode 38 of Cointelegraph’s Hashing It Out , Elisha Owusu Akyaw talks to Joel Kuck, CEO of Decentralized ETF (D-ETF), about how ETFs work, the potential impact of spot Bitcoin (BTC) ETFs on the cryptocurrency industry and the idea of decentralized ETFs. Amid the optimism that U.S. regulators are set to greenlight multiple spot BTC ETFs, some projects are also looking to bring other ETFs to the blockchain while riding the wave of hype around the investment products. Kuck explains why the industry is bullish about spot Bitcoin ETFs and why the excitement around them is mounting. He explains that direct exposure to Bitcoin for institutional investors and fun...

The latest Cointelegraph Report explains everything you need to know about a potential spot Bitcoin ETF approval in the U.S., its impact on the market, and its significance for the crypto industry. A wave of optimism around the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States has ignited bullish price action in the crypto market in recent weeks.  But that could be just the beginning: If a spot Bitcoin ETF receives a greenlight by the U.S. Securities and Exchange Commission (SEC), it would mark a major milestone in the history of digital assets. The spot Bitcoin ETF will provide institutional investors with a simple and regulated way to get exposure to Bitcoin with potentially explosive consequences for the Bitcoin market. According to many analysts, a spot Bitcoin ETF could spark a demand shock that, coupled with next year's Bitcoin halving event, could spark the new crypto bull market. The SEC has so far rejected all spot Bitcoin ETF applicat...