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After a Decade of Rejections, a Bitcoin ETF Could Finally Launch in the US
After a decade of the U.S. Securities and Exchange Commission (SEC) rejecting the idea, a Bitcoin exchange-traded fund (ETF) could finally become a reality in the U.S., potentially as early as next week. This development would allow traditional retail investors to gain exposure to Bitcoin without the need to directly purchase and store the digital asset. While opinions on the impact of a Bitcoin ETF vary, there are three possible scenarios that could unfold. The SEC could still technically deny the product, but experts believe this is unlikely given the recent changes in the market and the increased interest from prestigious financial institutions. However, if the ETF isn't approved, the market is likely to react significantly.
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