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home / news releases / OBTC - Spot Bitcoin ETFs: Why Bitcoin Shouldn't Be A Divisive Topic

OBTC - Spot Bitcoin ETFs: Why Bitcoin Shouldn't Be A Divisive Topic

Osprey Bitcoin Trust Unit Ben Int

2024-01-26 08:00:00 ET

Summary

  • When Bitcoin was created in 2009, it was launched in the post-financial crisis era as an alternative to mainstream finance.
  • Bitcoin has fallen below $40,000 after rising to just under $50,000 before the spot Bitcoin ETF launch.
  • It seems that Grayscale had somewhat of a first-mover advantage with assets and experience.
  • Spot Bitcoin ETFs have played a large role in making crypto a more legitimate asset class.

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For further details see:

Spot Bitcoin ETFs: Why Bitcoin Shouldn't Be A Divisive Topic
Stock Information
Company Name: Osprey Bitcoin Trust Unit Ben Int
Stock Symbol: OBTC
Market: OTC
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