👏 US SEC approves bitcoin ETFs in watershed for crypto market 👏 - The Great Awakening - Where We Go Qne, We Go All!

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👏 US SEC approves bitcoin ETFs in watershed for crypto market 👏 (www.reuters.com)

posted 322 days ago by damnImgood 322 days ago by damnImgood +23 / -0

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– bubble_bursts 3 points 322 days ago +3 / -0

Wait, assuming this is true, why do you think it's good for Bitcoin?

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– damnImgood [S] 1 point 321 days ago +1 / -0

I'm new to BTC so obviously I'm no expert and I get that the financial system we have is corrupt. So I realize there's LOTS of shenanigans going on here. However, from what I can tell an approved ETF will allow investors who might not otherwise have had access to BTC to now invest and hold that investment in retirement funds, etc. Or businesses whose shareholders would balk at a direct BTC investment but would probably approve a BTC ETF investment.

So I guess I'm looking at this as a win for now in the BTC community and for those that want to invest but are uneasy about storage and keys and FASB accounting rules.

What's your thoughts?

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