⚡Bitcoin ETFs: One Year Later⚡
A year ago, the SEC approved the first ETFs of #Bitcoin allowing investors to access the digital asset market indirectly and diversely. Let's review their visible impact:
📊 The price of #Bitcoin has experienced a growth of 103.51%, driven by renewed confidence.
📉 They have facilitated the entry of institutional investors, with more than one million units acquired through these funds.
💱 They have served as a bridge between traditional finance and the ecosystem, allowing exposure without the need to trade directly.
🔐 A greater focus on regulation and security, improving perception in the global market.
Before discussing future expectations, let's also review their possible "indirect" impact:
🔸Greater investment from major players also implies the possibility of manipulating the price of #Bitcoin
🔸Mining companies are focusing their computing power, leading more exposed countries to take more "decision-making power".
🔸The creation of strategic reserves through #ETF may be sufficient reason for censorship or misinformation regarding self-custody.
I pose a question to you, dear reader: does it sacrifice the price to the real value of an asset like #Bitcoin?
