Traditional Finance Embraces Cryptocurrency
Valkyrie Funds will launch a Bitcoin ETF on October 20, reflecting growing interest in cryptocurrencies among traditional finance players.
They've been involved in crypto since 2021 and already have a Bitcoin futures ETF on Nasdaq.
Other major firms like BlackRock and Fidelity are also seeking approval for Bitcoin ETFs.
Bitwise recently dropped its plan to include Ethereum, focusing solely on Bitcoin.
The SEC's Chair, Gary Gensler, discussed cryptocurrency ETFs during a Senate hearing but didn't give a clear answer on spot ETF approvals
They've been involved in crypto since 2021 and already have a Bitcoin futures ETF on Nasdaq.
Other major firms like BlackRock and Fidelity are also seeking approval for Bitcoin ETFs.
Bitwise recently dropped its plan to include Ethereum, focusing solely on Bitcoin.
The SEC's Chair, Gary Gensler, discussed cryptocurrency ETFs during a Senate hearing but didn't give a clear answer on spot ETF approvals
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