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What’s next after the Spot Bitcoin ETF?
Following the SEC approval of the spot Bitcoin ETF earlier this month, Bitcoin prices increased significantly to $47,000, before dropping below $40,000. Even as Bitcoin prices recover, over one-third of consumers still hold the belief Bitcoin prices will fall bellow $20,000 by year-end. Not only are consumers bearish about Bitcoin prices, but our dbDIG January survey also revealed more than half of our respondents’ expressed concerns about a major cryptocurrency experiencing a collapse within the next two years. Although consumers remain cautious, nearly $4bn in funds have flowed into the new ETFs, bringing the ... (full story)