CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CoinTurk News 2023-10-11 10:13:14

Will Traditional Finance Change Bitcoin?

Arthur Hayes, the co-founder and former CEO of leading cryptocurrency trading platform BitMEX, expects asset management giant BlackRock’s entry into the Bitcoin (BTC) market to fundamentally change the largest cryptocurrency. “Traditional Finance Can Change Bitcoin” During an interview with Tom Bilyeu, Arthur Hayes made significant remarks, stating that like other investors, he expected the US Securities and Exchange Commission (SEC) to approve a spot Bitcoin exchange-traded fund (ETF). Hayes added that the launch of such an investment product would increase the flow of money into the cryptocurrency market, but also expressed concern about the potential impact of traditional finance on the industry. The post Will Traditional Finance Change Bitcoin? appeared first on COINTURK NEWS.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.