Experts point out the risks of spot ETFs for Bitcoin
Spot Bitcoin ETFs have opened a channel for the influx of large capital into the industry, but also created new risks.
Traditional financial practices can pose a threat to the ecosystem of the first cryptocurrency.
TradeFi players may try to influence the development of the network, but this is unlikely.
The SEC's approval of spot Bitcoin ETFs in January was a welcome development. But the arrival of large financial players in the industry carries a number of risks for cryptocurrency, writes The Block.
One of the most obvious problems that industry experts have noticed is the concentration of storage of bitcoins owned by funds.
