Steven Lubka Talks the Spot Bitcoin ETF (a video) - on CNBC
TL;DR: The eventual approval of a Spot Bitcoin-ETF in the United States will trigger a mad rush for institution investors. These same investors aren't as high on Binance though, despite the settlement
Hey Bitcoiners,
Steven Lubka, Head of Private Clients at Swan, recently appeared on CNBC to discuss the two most significant developments in the Bitcoin and greater digital asset industry, the potential implications of a settlement involving Binance, and the potential approval of a Spot Bitcoin-ETF in the United States.
Lubka explains how Binance will be subjected to enhanced regulatory compliance that will have a significant regional impact on its broader business operations and why we shouldn’t confuse Bitcoin with Binance and its illicit activities.
With the approval of Spot Bitcoin-ETFs in the United States in Q1 or Q2 of 2024 seemingly inevitable, Steven talks about how bright the orange-pilled future is in the U.S.
Enjoy!
Tick tock next block,
Cory Klippsten
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